Tag: clause
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Chennai ITAT ruling a relief for UAE firms: Design review fees not taxable in India without FTS clause or PE
In what could have wide-reaching implications for cross-border service providers, the Chennai bench of the Income Tax Appellate Tribunal (ITAT) has held that a...
Bajaj Finserv to release Allianz from non-compete clause after first tranche of stake buy, says Sanjiv Bajaj | Exclusive
Bajaj Finserv and other promoter entities are acquiring Allianz's 26% stake in Bajaj Allianz Life Insurance and Bajaj Allianz General Insurance. Following this transaction,...
“Deemed dividend” clause exemption to encourage setting up of Global Treasury Centres in GIFT City: IFSCA on Union Budget
Indian and foreign corporates will be encouraged to set up large treasury operations in GIFT IFSC in Gujarat, after the Union Budget on Saturday...
Budget 2025: India allows 100% FDI in insurance with domestic investment clause
In a landmark move to boost India’s insurance sector, Finance Minister Nirmala Sitharaman on Saturday announced a hike in the Foreign Direct...
Potential impact on investments from sovereign wealth funds and pension funds if tax benefits sunset clause is not extended
Mumbai
Investments from sovereign wealth funds (SWFs) and pension funds could take a hit if the sunset clause extending tax benefits to such funds is...
