We are pleased to share with you our recent publication on – ‘Swiss Government Suspends MFN Clause application in India-Switzerland DTAA Protocol.’
The Swiss Government has recently announced the suspension of the unilateral application of the Most Favoured Nation (MFN) clause under the India-Switzerland DTAA, effective January 1, 2025. This decision is based on the Indian Supreme Court's ruling that MFN benefits apply only to OECD members as of the treaty's signing date.
In this context, please find our attached Newsflash which provides insights into the development and its implications.
We trust you find the same useful.