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In a judgement that could impact several foreign companies investing in India through subsidiaries or investment arms registered in other countries, the Madras High Court has ruled that tax benefits can be withdrawn if the investment is merely done to circumvent domestic tax laws.
News Updates Live: 5.4 magnitude earthquake hits Rizo de Oro, Mexico
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… Read MoreCircumstances similar for everyone, shouldn’t be an excuse for not getting medals: IOA President Narinder BatraThe postponed Olympics, cancelled tournaments, and restricted training and travel constraints made things difficult on multiple fronts. Indian Olympic Association (IOA) president Narinder Batra, however, has high hopes of Ind… Read MoreCovid Live Updates: Karnataka relaxes COVID-19 curbs; shops, hotels, clubs to operate till 5pm from June 21
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… Read MoreCentral ministries, Assam govt to discuss coal mining resumption next monthHe said that issues like pollution, forest and environmental clearances etc are involved regarding resumption of mining activities and a tripartite meeting between Ministry of Coal, Ministry of Environment, Forest and Climate… Read MoreCOVID 3rd wave: It's not just responsibility of govt but of every citizen also to ensure that it doesn't occur, says AIIMS Neurologist Dr M V Padma
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