India, Nepal to sign revised Double Taxation Avoidance Agreement

New Delhi, Nov 26(ANI): The Double Taxation Avoidance Agreement (DTAA) between India and Nepal will be signed tomorrow by the Finance Ministers of both the countries in Kathmandu.

This agreement would replace an earlier agreement between two countries which was signed way back in 1987.

Union Finance Minister Pranab Mukherjee will be visiting Nepal on a day's visit tomorrow at the invitation of Nepal Finance Minister Barshaman Pun 'Ananta'.

The two Finance Ministers will also exchange views on the further development of bilateral relations and review the progress on implementation of the action plan agreed upon during the last visit of Nepal Prime Minister Baburam Bhattarai to India on October 21.

During his visit, Mukherjee will also call on Bhattarai and Nepal President Ram Baran Yadav. (ANI)