Multiple choice general knowledge history

India and __ signed on an important protocol to the Double Taxation Avoidance Agreement recently?

  1. United States

  2. Britain

  3. Switzerland

  4. Australia

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

India and Switzerland signed a protocol to amend the Double Taxation Avoidance Agreement (DTAA) in 2010, which included provisions for exchanging banking information to combat tax evasion. This was significant because Switzerland had previously been known for strict banking secrecy.