https://www.scconline.com/blog/post/2017/01/04/india-and-singapore-sign-third-protocol-for-amending-the-double-taxation-avoidance-agreement-providing-for-source-based-taxation-of-capital-gains-arising-on-transfer-of-shares-in-a-company/
India and Singapore sign Third Protocol for amending Double Taxation Avoidance Agreement, providing for source based taxation of capital gains arising on transfer of shares in a company