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FPIs from Mauritius to face greater scrutiny after tax treaty revision

Foreign portfolio investors (FPIs) from Mauritius may face higher scrutiny after the amendment in the India-Mauritius tax treaty introduced a principle purpose test (PPT) to prevent treaty abuse by......

Sensex, Nifty tank over 1% on concerns over Middle East conflict

Stock markets took a beating on Monday with benchmark Sensex and Nifty tumbling over 1 per cent as escalating conflict in the Middle East and weak trends from global markets unnerved investors.......

Google Ireland gets tax relief on Rs 8.6K crore it got from India arm

An income tax tribunal held that the amount received by Google Ireland from Google India towards marketing and distribution rights of the AdWords programme is not royalty, and hence, cannot be......

Tax poser in the way of Hyundai local arm listing

South Korean auto giant Hyundai Motor Company is considering tax implications of listing its Indian unit before taking a final call, according to sources privy to the development. Hyundai Motor is......

Sebi's Adani probe hits a wall with offshore regulators

The Securities and Exchange Board of India’s (Sebi’s) investigation into the Hindenburg allegations is making slow progress when it comes to obtaining information from overseas......

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