There are allegations of involvement of Kochhar and her family members in a loan provided to Videocon group on a quid pro quo basis.
There are allegations of involvement of Kochhar and her family members in a loan provided to Videocon group on a quid pro quo basis.
Overseas Indian Affairs Minister Vayalar Ravi stated that the focus areas of the PBD in Mauritius would be to deliberate ways and means of further strengthening economic engagement, role of youth in maintaining the vital PIO links and cultural heritage as well as look at mutual areas of exploration where Mauritius could serve as a gateway for doing business with Africa.
The government of Mauritius is likely to issue a new format for the tax residency certificate (TRC) for foreign institutional investors (FIIs), incorporating additional particulars required by the Indian government.
Christian Michel's investigation in New Delhi has revealed nothing substantial, contrary to the expectations of the prime minister and the media hype. A fascinating excerpt from Raju Santhanam's The Untold Story of Christian Michel and Agustawestland.
Prime Minister's Office wants CBI and tax dept to identify the actual beneficiaries of the transactions made in India and abroad.
Senior Congress leader P Chidambaram's son Karti's name has also cropped up in the case
'Tipu Sultan was no doubt a valiant fighter who vigorously opposed the British, but that cannot mitigate the fact that he was also by all accounts a religious bigot -- a figure incompatible with modern secular times,' says Vivek Gumaste.
Shareholder advisory companies are raising eyebrows at the ICICI Bank board not being aware of Firstland's investment in NuPower
President Pranab Mukherjee on Tuesday met with Mauritian Prime Minister Dr Navinchandra Ramgoolam at the latter's official house, Clarisse House (but which he doesn't stay in, choosing to reside in his private home instead). The meeting, which lasted over 45 minutes, saw the two sides reinforce and re-establish their close ties.
Mukherjee, who is in Port Louis on a three-day visit, said the Double Taxation Avoidance Convention cannot be seen in isolation, separate from the many strands that weave the tapestry of India-Mauritius relationship and efforts, and it should remain focused on realisation of the full potential of the bilateral ties.
The visiting minister said that trade and economic relations between the two countries are constantly gaining momentum.
Mauritius on Friday said it has exchanged information related to over 170 cases with India over three years, and the two countries have made big progress on the double taxation avoidance treaty since 2006.
Kochhar brothers stepped down from the board of Credential Finance by 2009. While Deepak Kochhar started NuPower Renewables, Rajiv set up Avista Advisory Group
Other documents might be needed for investors from other nations
On the eighth day of CWG 2018, the 22-year-old from Hyderabad made everything look so easy as she clinched a comfortable 21-15, 21-9 win over Wendy Chen in a one-sided last-16 clash of the women's singles event that lasted 34 minutes at the Carrara Sports Arena.
Realising that a 'taxing' calendar can drain you completely, rising Indian golfer Shubhankar Sharma is now focussing on improving his mental toughness ahead of the new season, during which he is set to make his Major debut.
'Notwithstanding the realisation among the Indian leadership to build up its navy for the force's expanding role, the Indian Navy was allocated only 15% of the interim defence budget presented in Parliament in February 2019.' 'The outlay for the navy's capital acquisition is not even adequate to meet its committed liabilities,' points out Brigadier S K Chatterji (retd).
P V Sindhu and K Srikanth have been given the top billing in the respective women's and men's singles badminton competitions of the Commonwealth Games
There is a growing concern that many entities are routing their investments into the country through Mauritius to reap undue tax benefits.
'It's still very early. I have just been handed over the matter and therefore I haven't formed any views on it as yet,' Justice B N Srikrishna tells Pavan Lall.
An expert reveals how you can still get out of town for the upcoming long weekend.
At 17 and 20 respectively, Satwik and Chirag form a formidable pair that has proved its mettle in international badminton, often punching above their weight, only to fall short of podium finishes.
With the year sprinting to a close, we bring you, in pictures, some of the best action from the sports world.
The task force has provided probe agencies with a list of attributes, including disproportionate investments, debt, advances or cash, to red-flag such firms.
It was the first-ever Indian circumnavigation of the globe by an all-women crew, the Navy said.
Take the poll given below and let us know.
Taxing SoftBank, the largest shareholder in Flipkart with a little over 20 per cent stake, however, will be easier.
A summary of sports events and sports persons, who made news on Thursday
The existing double taxation avoidance agreements will not be covered by the proposed change, implying that in order to tax Facebook, Google and the like, India will require to renegotiate tax treaties.
'The introduction of a tax on LTCG will be a deterrent for foreign investors and could potentially result in a movement of trading activity away from India to other offshore jurisdictions such as Singapore, which offer better tax rates and sophisticated financial products.'
The much-awaited talks between India and Mauritius over renegotiation of their tax treaty may begin soon, with India pushing for changes in the clause on the treatment of the capital gains tax.
President Pranab Mukherjee is deeply satisfied with his three-day visit to Mauritius, Saisuresh Sivaswamy reports.
Commonwealth Games: The event Photographs
Check out India's schedule on Day 7 of the Commonwealth Games in Gold Coast, on Wednesday.
A summary of Indian athletes' showing at the Commonwealth Games on Day 3.
The government on Tuesday said it has received information related to black money from Mauritius and was examining it for appropriate action.
Capital gains tax is no longer exempt even for investors coming via Mauritius, hence FPIs are now classifying it as interest income to save on taxes.
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances