Govt scraps rule mandating firms to list in India first to go public overseas
Private companies which list their non-convertible debentures on stock exchanges will not themselves be considered listed The new rule also indirectly throws Indian
I-T liability exists even when salaries, payments deferred
The situation may be more worrisome for service providers who have not received payments
Investors in FPIs and PE funds go back on payment commitment amid Covid-19 uncertainty
Several sovereign wealth funds, pension funds, university endowments, limited partners, corporate investors and high net worth individuals have reached out to FPIs and
HNIs, brokers brace for tax impact as debt fund fiasco unfurls
The brokers will have to value the mutual funds as stock in trade and take an asset write-off
Tax searches remain high in FY20 as officials tap goldmine of data
April-January, the department searched 893 groups, a tad lower than the searches in entire FY19Many of these searches were on real estate developers,
Govt may tweak FPI policy if data shows Chinese investors taking advantage of Covid-19
After tweaking the Foreign Direct Investment (FDI) policy to discourage takeover threats by companies from neighbouring countries, the government is now considering if