Economics · International Trade
What is the primary objective of India signing Double Taxation Avoidance Agreements (DTAA) with other countries?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To replace standard customs duties with a single flat tax
- 2To subsidize domestic agricultural exports
- 3To prevent tax evasion and promote bilateral trade and investment✓
- 4To completely ban imports from those nations
Correct answer
To prevent tax evasion and promote bilateral trade and investment
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