India confirms it will be amending its tax treaty with France, dropping the most favoured nation clause

India confirms it will be amending its tax treaty with France, dropping the most favoured nation clause.

India's decision to amend its tax treaty with France by removing the most favoured nation clause could signal a shift in bilateral trade relations. This may affect cross-border investments and tax implications for businesses operating in both countries, which in turn might impact currency flows between the EUR and INR. Traders should monitor how this change could influence market sentiment and regulatory risks in the region.