| A
recent ruling by the tax authorities in India has
held that all income arising to Foreign Institutional
Investors (FIIs) from investments in India will
be treated as business income and such income would
not be subject to tax in India..
Our Say |
The
newly-formed Competition Commission of India, which
is finalising its draft regulations, is planning
to bring big-ticket domestic merger and acquisition
(M&A) deals under its ambit, since these deals
would amount to influencing competition...
Our Say |