TNPSC Thervupettagam

India-Luxembourg Virtual Summit

November 25 , 2020 1371 days 767 0
  • India and Luxembourg held the first standalone summit in two decades.
  • Luxembourg is the third largest source of Foreign Portfolios after US and Mauritius.
  • Luxembourg is the second richest country in the world.
  • Luxembourg is one of three major Tax Havens of the European Union.
  • The other two are Ireland and Netherlands.
  • Tax Haven is a country where taxes are levied at very low rates.

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