6 terms with concise definitions
Double Tax Avoidance Agreement — a bilateral treaty between India and another country to prevent the same income from being taxed in both jurisdictions.
Foreign Direct Investment — investment by a person resident outside India in the capital of an Indian company, with the objective of establishing a long-term interest.
Foreign Exchange Management Act, 1999 — the central law that regulates foreign exchange transactions and capital flows in India, replacing the earlier FERA.
