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Revisiting the S'pore-India Double Taxation Avoidance Agreement

Singapore, being India's largest trade and investment partner in Asean, has additional bargaining power over other tax havens and should expect a fair renegotiation.

Singapore is India's largest trade and investment partner in the Asean region. Nearly 30 per cent of India's overall exports to the Asean group of countries from 2015-16 was destined for Singapore.

FOREIGN direct investment (FDI) inflows into India have been growing robustly since the 2000s, reaching a new high of US$55 billion in 2015-2016 or about 2.7 per cent of India's GDP. An examination of the breakdown of these inflows of FDI into India by source country reveals that the combination...

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