India, New Zealand sign 3rd protocol for tax avoidance
The Dollar Business Bureau In order to stimulate the flow of information exchange between India and New Zealand, the Cabinet has given its nod to the ratification of third Protocol to the Convention between the two countries for the double taxation avoidance and prevention of fiscal evasion. “The Union Cabinet chaired by the Prime Minister Narendra Modi has approved the ratification and entry into force of the third Protocol to the Convention between India and New Zealand for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income (Convention), said an official statement on Wednesday. “The Protocol to the convention was inked on October 26, 2016,” it added. The Protocol will encourage the flow of information exchange between ...
New Zealand PM to visit India next week, trade in prime focus
The Dollar Business Bureau New Zealand Prime Minister John Key is leading a high-level business and education delegation on his four-day visit to India. Key will be on a State visit to India next week from 24th to 27th October 2016. Prime Minister Key will meet his Indian counterpart Narendra Modi to discuss bilateral relations and attend a business summit during his four-day stay in India. The New Zealand Prime Minister will be accompanied by Mark Mitchell, Chair of Foreign Affairs, Defence and Trade Select Committee and Kanwaljeet Singh Bakshi, Member of Parliament. India-New Zealand bilateral trade in both goods and services amounted to $1.45 billion in 2015. Two way trade in goods stood at $798.86 million and in services $652.13 million. The exports have witnessed ...
We want to collaborate, not compete, with India
New Zealand’s Primary Industries Minister Nathan Guy | The two countries are expected to resume negotiations on a Free Trade Agreement in a few months, after a gap of around 18 months Bidhu Bhushan Palo | @TheDollarBiz Mr. Nathan Guy (right) at the Ch. Hira Singh wholesale vegetable and fruit market in Delhi during his visit to India in November 2014 (Pic source – Govt. of New Zealand) New Zealand is considered a leader in sectors that India is now looking for growth: agriculture, dairy, hospitality and tourism. This, along with an ever growing interest among Indians to visit New Zealand, is changing the equations between the two countries. India’s importance for New Zealand exporters has grown significantly in ...
Indian market offers massive opportunities for NZ businesses: Primary Industries Minister
The Dollar Business Bureau | @TheDollarBiz Highlighting the point that India is a priority country for his government, Nathan Guy, Primary Industries (Agriculture) Minister, New Zealand, said today that there is a great opportunity for businesses in New Zealand to tap the potential of the evolving Indian market. Nathan Guy, Primary Industries Minister, New Zealand (Pic source - Govt. of New Zealand) Guy said that half of the 1.2 billion population of India are under the age of 25 and includes a 300 million growing middle class. This could help boost bilateral trade with India, particularly in sectors such as food, ICT, tourism, manufacturing and services, and green technologies. “This is my first visit to India, and it is ...