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  • NIFTY 25,713.00 +141.75 (+0.55%)
  • SENSEX 83,294.66 +479.95 (+0.58%)
 
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Monday, February 23, 2026 , BSE Sensex : 83,294.66 83,294.66(0.58%) , Adani Ports : 1,556.55 1,556.55(2.98%) , Asian Paints : 2,428.75 2,428.75(0.02%) , Axis Bank : 1,386.55 1,386.55(1.34%) , Bajaj Finance : 1,031.05 1,031.05(0.18%) , Bajaj Finserv : 2,051.05 2,051.05(-0.34%) , Bharat Electron : 439.70 439.70(-0.33%) , Bharti Airtel : 1,997.15 1,997.15(0.98%) , Eternal : 268.10 268.10(-0.32%) , HCL Technologies : 1,426.35 1,426.35(-0.74%) , HDFC Bank : 923.85 923.85(1.31%) , Hind. Unilever : 2,344.85 2,344.85(1.29%) , ICICI Bank : 1,399.10 1,399.10(0.40%) , Infosys : 1,328.45 1,328.45(-1.80%) , Interglobe Aviat : 4,861.25 4,861.25(0.15%) , ITC : 325.35 325.35(-0.50%) , Kotak Mah. Bank : 430.70 430.70(2.22%) , Larsen & Toubro : 4,417.15 4,417.15(0.84%) , M & M : 3,445.00 3,445.00(0.94%) , Maruti Suzuki : 15,067.70 15,067.70(0.53%) , NTPC : 375.45 375.45(0.64%) , Power Grid Corpn : 303.35 303.35(1.49%) , Reliance Industries : 1,427.90 1,427.90(0.55%) , SBI : 1,227.80 1,227.80(0.96%) , Sun Pharma.Inds. : 1,732.20 1,732.20(0.45%) , Tata Steel : 208.05 208.05(-0.10%) , TCS : 2,675.85 2,675.85(-0.40%) , Tech Mahindra : 1,441.75 1,441.75(-1.06%) , Titan Company : 4,272.35 4,272.35(0.87%) , Trent : 4,053.40 4,053.40(-0.86%) , UltraTech Cem. : 12,974.50 12,974.50(1.65%) ,

Nifty 50 : 25,713.00 141.75(0.55%) , Adani Enterp. : 2,191.00 30.20(1.40%) , Adani Ports : 1,555.80 44.30(2.93%) , Apollo Hospitals : 7,693.00 77.50(1.02%) , Asian Paints : 2,429.70 1.60(0.07%) , Axis Bank : 1,386.70 18.40(1.34%) , Bajaj Auto : 9,905.50 98.50(1.00%) , Bajaj Finance : 1,031.00 0.80(0.08%) , Bajaj Finserv : 2,051.60 -6.90(-0.34%) , Bharat Electron : 439.75 -1.40(-0.32%) , Bharti Airtel : 1,997.30 19.90(1.01%) , Cipla : 1,326.50 -14.60(-1.09%) , Coal India : 426.00 2.45(0.58%) , Dr Reddy's Labs : 1,307.40 27.00(2.11%) , Eicher Motors : 8,038.50 102.00(1.29%) , Eternal : 268.00 -1.45(-0.54%) , Grasim Inds : 2,873.40 40.60(1.43%) , HCL Technologies : 1,426.20 -10.30(-0.72%) , HDFC Bank : 923.60 11.75(1.29%) , HDFC Life Insur. : 742.45 13.80(1.89%) , Hind. Unilever : 2,345.40 30.90(1.34%) , Hindalco Inds. : 916.20 -19.50(-2.08%) , ICICI Bank : 1,399.40 4.90(0.35%) , Infosys : 1,327.50 -25.70(-1.90%) , Interglobe Aviat : 4,862.20 7.60(0.16%) , ITC : 325.40 -1.60(-0.49%) , Jio Financial : 257.80 -0.80(-0.31%) , JSW Steel : 1,240.50 4.70(0.38%) , Kotak Mah. Bank : 430.70 9.35(2.22%) , Larsen & Toubro : 4,418.10 37.50(0.86%) , M & M : 3,447.10 34.30(1.01%) , Maruti Suzuki : 15,072.00 95.00(0.63%) , Max Healthcare : 1,083.60 -4.30(-0.40%) , Nestle India : 1,315.10 21.30(1.65%) , NTPC : 375.45 2.50(0.67%) , O N G C : 275.65 -3.00(-1.08%) , Power Grid Corpn : 303.35 4.40(1.47%) , Reliance Industries : 1,428.00 8.60(0.61%) , SBI : 1,227.80 11.70(0.96%) , SBI Life Insuran : 2,109.60 29.60(1.42%) , Shriram Finance : 1,064.70 5.40(0.51%) , Sun Pharma.Inds. : 1,732.30 7.90(0.46%) , Tata Consumer : 1,171.80 15.60(1.35%) , Tata Motors PVeh : 379.95 1.95(0.52%) , Tata Steel : 208.14 -0.22(-0.11%) , TCS : 2,676.30 -9.90(-0.37%) , Tech Mahindra : 1,440.90 -16.00(-1.10%) , Titan Company : 4,272.70 36.30(0.86%) , Trent : 4,054.90 -36.10(-0.88%) , UltraTech Cem. : 12,976.00 210.00(1.64%) , Wipro : 205.89 -3.97(-1.89%) , Monday, February 23, 2026

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23-Feb-2026     18:03
India and France sign Amending Protocol to update Double Taxation Avoidance Convention
During the recent visit of the President of France to India, the Government of the Republic of India and the Government of the French Republic have signed a Protocol amending the India-France Double Taxation Avoidance Convention, signed on 29 September 1992 ('India-France DTAC'). The Amending Protocol was signed by Ravi Agrawal, Chairperson, Central Board of Direct Taxes, Government of India, and Thierry Mathou, Ambassador of France to India, on behalf of their respective Governments. The Amending Protocol provides full taxing rights in respect of capital gains arising from sale of shares of a company, to the jurisdiction where such company is a resident. The Amending Protocol also deletes the so-called Most-Favoured-Nation (MFN) Clause from the Protocol to the DTAC, thereby bringing to rest all issues relating to it. The Amending Protocol also modifies the taxation of income from dividends by replacing a single rate of 10% of tax with a split rate of 5% for those holding at least ten percent of capital and 15% of tax for all other cases. It also modifies the definition of 'Fees for Technical Services' by aligning it with the definition in India US Double Taxation Avoidance Agreement, and expands the scope of 'Permanent Establishment' by adding Service PE.

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