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India, Zambia to sign agreement for Avoidance of Double Taxation



New Delhi, Feb 7 : The Union Cabinet today gave its approval for signing of an agreement between India and Zambia for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to taxes on income.

The agreement will stimulate the flow of investment, technology and services from India to Zambia and vice versa.

It will also provide tax stability to the residents of India and Zambia and facilitate mutual economic cooperation.

ANI

Assam Company commences oil delivery from Amguri field

New Delhi, Feb 22 (UNI) Assam Company Ltd (ACL) has begun delivery of oil from its operated field in Amguri to Indian Oil Corporation Ltd (IOCL) refinery in Guwahati, Assam, about 115 km away. The oil is being sold at the same price as a basket of crude oils with similar characteristics traded in the international market, a company release here said. The oil produced from Amguri is first trucked to Oil India Ltd (OIL) facility at Moran.....
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