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Why has Switzerland suspended ‘Most-Favoured Nation’ standing to India?
In a transfer set to have far-reaching affect on Indian corporations working in Switzerland and Swiss investments in India, Switzerland has introduced it can droop the Most-Favoured Nation (MFN) standing with India, efficient January 1, 2025. This unilateral motion from the European nation stems from a double taxation avoidance settlement (DTAA) between the 2 international…