India and France have updated a long-standing tax treaty, lowering dividend taxes for large French investors while enhancing India's taxation powers on certain transactions. The changes favor companies like Sanofi, Renault, and L'Oreal, and remove a clause allowing lower tax rates for French entities. The treaty aims to strengthen economic ties and investment between the two nations, following a visit from French President Emmanuel Macron. Teljes cikk (bbc.com europe)