Double taxation is levying of tax by two countries on the same declared income, asset, or financial transaction and is often eliminated by tax treaties between countries. The union cabinet approved signing an agreement for amending the double taxation avoidance convention with Japan that was first signed in 1989 to ...
Read More »Japan to provide Rs 5,536 crore loan for metro projects in India
India and Japan today exchanged notes for Japan’s Official Development Loan Assistance (ODA) worth Rs 5,536 crore for Chennai and Ahmedabad metro rail projects, said officials from Finance Ministry. The estimated base cost of the Chennai Metro Rail project is about Rs 14,600 crore and Ahmedabad Metro Rail project is ...
Read More »Japan to provide loan worth Rs 5,536 cr for metro projects
Indian and Japan today exchanged notes for the approval of Official Development Loan Assistance (ODA) worth Rs 5,536 crore for Chennai and Ahmedabad rail metro projects. The Japanese government of Japan has committed Official Development Assistance (ODA) loan of an amount of about Rs 1,080 crore for the Chennai Metro Rail ...
Read More »Japan offers $15 billion for bullet train project in India
Japan has offered financial support besides technology for India’s ambitious rail project, estimated to cost about Rs 90,000 crore at an interest rate of less than one per cent. This 505 km project will link Mumbai with Ahmedabad. Japan’s decision to give virtually free finance for Modi’s pet programme is ...
Read More »Clearing the way for exports, Japan eyes nuclear deal with India
The focal point of negotiations between Japan and India was how to prevent the spread of nuclear technologies and expected to agree on tight management of nuclear technologies on a par with the Nuclear Nonproliferation Treaty (NPT). Japanese Prime Minister Shinzo Abe is expected to visit India around the end of ...
Read More »India, US, Japan to collaborate on maritime security
India, US and Japan have agreed to work together to maintain maritime security through greater collaboration. US Secretary of State John Kerry hosted the dialogue with Indian External Affairs Minister Sushma Swaraj and Japanese Foreign Minister Fumio Kishida, highlighted their shared support for peace, democracy, prosperity, and a rules-based international ...
Read More »Indo-Japan defence ties ‘dangerous’ for Asia: Chinese expert
News: There has been a clear trajectory of Japan and India deepening their defence ties in recent years and the relations are bound to be promoted since India will include Japan in the Malabar naval exercises with the US in October. “The two countries are also exploring the possibility of ...
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