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Serious India slaps capital tax on investments from Sinkapoor, why not take back 350,000 PMET

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http://www.straitstimes.com/asia/south-asia/india-to-tax-capital-gains-for-spore-investors

India and Singapore have revised a bilateral tax agreement to allow India to start imposing capital gains tax on investments from Singapore from April next year and fully withdraw tax exemptions in two years.

This applies to the capital gains tax exemption for shares in a company, which is currently enjoyed by Singapore investments in India.

Visiting Singapore Deputy Prime Minister Tharman Shanmugaratnam and Indian Finance Minister Arun Jaitley yesterday finalised the terms of the revised bilateral Avoidance of Double Taxation Agreement, said Singapore's Ministry of Finance (MOF) in a statement.
 
Re: India slaps capital tax on investments from Sinkapoor, why not take back 350,000

this means more neh money will run road to sg, as sg has no capital gains tax. huat ah!
 
Re: India slaps capital tax on investments from Sinkapoor, why not take back 350,000

And what does sinkapore get in return? Nothing.

Sinkapore should cap the number of Ah Nehs who can work in sinkapore to 2000.
 
Re: India slaps capital tax on investments from Sinkapoor, why not take back 350,000

And what does sinkapore get in return? Nothing.

Sinkapore should cap the number of Ah Nehs who can work in sinkapore to 2000.

We got lots of cheaper, better and faster kelings in return. I think we should increase the quota for NRIs to work in singapore. Thanks to them, there's a lot more delicious north indian cuisine around for the rest of us to enjoy too.
 
Re: India slaps capital tax on investments from Sinkapoor, why not take back 350,000

We got lots of cheaper, better and faster kelings in return. I think we should increase the quota for NRIs to work in singapore. Thanks to them, there's a lot more delicious north indian cuisine around for the rest of us to enjoy too.

There is NO quota for Ah Nehs to work here. How many Ah Nehs you want? 10k, 1 million, 10 million, 50 million ...there is no cap. If 50 million come, you won't have the money to eat the North India food. In fact, they make make butter sinkee out of you.
 
Re: India slaps capital tax on investments from Sinkapoor, why not take back 350,000

We got lots of cheaper, better and faster kelings in return. I think we should increase the quota for NRIs to work in singapore. Thanks to them, there's a lot more delicious north indian cuisine around for the rest of us to enjoy too.
North indian food is the best.except they add in lots of milk as i am lactose intolerant.
 
Re: India slaps capital tax on investments from Sinkapoor, why not take back 350,000

this means more neh money will run road to sg, as sg has no capital gains tax. huat ah!
That means if their investment in singapore appreciates, they have to pay taxes on appreciation back in india.
 
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Re: India slaps capital tax on investments from Sinkapoor, why not take back 350,000

then we will impose a tariff on all types of curries and spices coming into the country,briyani,dahi wala,tikka masala,vindaloo.and a carbon B.O tax on all B.O per cubic foot of shitskin.PAP would be pleased that i singlehandedly balanced the budget and eliminate all deficit.
 
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Re: India slaps capital tax on investments from Sinkapoor, why not take back 350,000

singapore should build a wall around india and keep out tax dodgers, rapists, job thieves n smelly curries
 
Re: India slaps capital tax on investments from Sinkapoor, why not take back 350,000

they can play punk and hide capital outflow as "losses" in order to avoid paying taxes in india. they have been stashing their cash abroad in assets for well over 6 decades.

https://www.thestar.com/business/20...lions_as_rich_hide_money_overseas_report.html

if the internet knows it, modi knows it too. he's making serious efforts to clean up their financial system. i wish him success. a powerful india will be to our benefit.
 
Re: India slaps capital tax on investments from Sinkapoor, why not take back 350,000

never trust any snake except those in soup served hot
 
Re: India slaps capital tax on investments from Sinkapoor, why not take back 350,000

And what does sinkapore get in return? Nothing.

Sinkapore should cap the number of Ah Nehs who can work in sinkapore to 2000.

some idiots once said that we are too small to negotiate CECA so just sign blindly and be paid millions in salaries
 
Re: India slaps capital tax on investments from Sinkapoor, why not take back 350,000

if the internet knows it, modi knows it too. he's making serious efforts to clean up their financial system. i wish him success. a powerful india will be to our benefit.

India also building their own aircraft carrier. South east asia have been under indian influence since thousand of years. borobudur, angkor wat.its time they come back in big numbers to balance the ethnic chinese population.
 
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