India removes Cyprus as a notified jurisdictional area and new DTT enters into force

In a press release dated December 16, 2016, the Indian government announced that it rescinded Cyprus’ classification as a notified jurisdictional area (NJA) on December 14, 2016. The rescission is effective retroactively from November 1, 2013 – the date that Cyprus was previously classified as an NJA by the Indian authorities. The new double tax […]