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India, Hong Kong sign double tax agreement

The agreement is "for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income"

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  • India and Hong Kong signed an agreement
  • The agreement is about prevention of double tax
  • This will help in curbing the taxes

India and Hong Kong on Monday signed an agreement to avoid double taxation and prevent tax evasion.

India’s Ambassador to China Gautam Bamabwale and Hong Kong’s Financial Secretary Paul Chan Mo signed the treaty.

A former British colony, Hong Kong is a special administrative region of China which enjoys a high degree of autonomy under which it has an independent taxation system.

Another step towards digitizing India
This move will prevent double taxation. Wikimedia Commons

The agreement is “for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income”, the Indian Embassy in Beijing said.

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“This agreement will stimulate the flow of investment, technology and personnel from India to Hong Kong Special Administrative Region and vice versa, prevent double taxation and provide for the exchange of information between the two contracting parties,” the statement said. “It will improve transparency in tax matters and will help curb tax evasion and tax avoidance,” it added. IANS

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Google Launching New Photo Back up Options For Users in India

Launched in May 2015, Google Photos is a photo sharing and storage service developed by the search-engine giant that gives users free, unlimited storage for their photos

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Google
The Google logo is seen at a start-up campus in Paris, France, Feb. 15, 2018. VOA

Google Photos on Monday launched its “Express” back-up feature for users in India. The feature will be available to a small percentage of Google Photos users on Android.

It allows faster back up at reduced resolutions, making it easier to store pictures even with poor or infrequent Wi-Fi availability, the company wrote in a blog post.

“We learned that over a third of the people using Google Photos in India have some photos that hadn’t been backed up in over a month. We want to make sure that our app meets the unique needs of people wherever they are,” the post said.

Google on an Android device. Pixabay

“You will still have the option to choose from the existing back-up options: Original Quality and High Quality,” the post said.

In addition to “Express”, Google will also introduce a new “Data Cap” option for back up to give users more granular daily controls for using cellular data to back up.

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The company is slowly releasing the “Express” back-up feature for Google Photos in others countries as well, the post added.

Launched in May 2015, Google Photos is a photo sharing and storage service developed by the search-engine giant that gives users free, unlimited storage for their photos. (IANS)