The income tax department on Wednesday conducted a survey operation at Hinduja Global Solutions, an entity of the Hinduja Group, in Mumbai and some other cities, official sources said. IMAGE: The......
From dating apps to events, the shrinking community is innovating ways to encourage the young to marry within the faith, reports Ranjita Ganesan. IMAGE: The Zoroastrian population has seen a......
Fish-lover Rajesh Karkera revisits Taraporevala Aquarium V2.0 after decades and comes back with mixed feelings. It has a touch pool, an oceanarium, but is this all what that the city was promised?......
The Budget has relaxed a few safe harbour rules that aim to make it easier for fund managers overseeing offshore India-focused funds to relocate to the country. Illustration: Dominic......
India is often viewed as an aggressive tax jurisdiction by domestic and overseas taxpayers, and making the charter as part of the Act may help restore confidence among taxpayers. Illustration:......
As many as 44 shareholders of Flipkart sold their holdings to Walmart. The income tax law requires the buyer to withhold tax while making payment to the sellers, in case they are not exempted from......
HUFs are not used for tax evasion but for tax avoidance/to save the tax within the four corners of the law. Experts say that there will be little or almost insignificant change in tax revenues.......
Taxing SoftBank, the largest shareholder in Flipkart with a little over 20 per cent stake, however, will be easier. Tiger Global is set to make over $3 billion from the $16-billion......