Search result for 'withholding tax'

India and France amend DTAC for capital gains taxation based on residency. MFN clause deleted, bringing tax certainty.

SC ruling on Tiger Global's Flipkart exit may prompt foreign investors to reassess holding structures. Experts warn of stricter tax approach.

Deloitte India expects FY27 Budget to streamline withholding tax, digitise customs litigation, boost R&D, renewable energy & MSME finance.

Bangladesh High Court halts Adani Group's Singapore arbitration over power payment dispute pending investigation.

Sri Lanka has officially exited debt default after Fitch Ratings upgraded its credit rating, citing completed debt restructuring and improved macroeconomic indicators. The island nation faced a...

Nestle India confirms that the suspension of MFN status by Switzerland will have no impact on the company. The FMCG major already deducts a 10% withholding tax on cross-country payments.

Sri Lanka secures IMF tax relief & car import resumption. President Dissanayake announces agreement, including PAYE tax adjustments and debt restructuring for small businesses.

Unacademy's parent company, Sorting Hat Technologies, has reduced its losses to Rs 284.3 crore in FY24, down from Rs 1,591.2 crore in FY23. The company also faced a tax demand notice but is...

Switzerland suspends MFN status in India-Switzerland DTAA, impacting Swiss investments and leading to higher taxes for Indian companies in Switzerland. This decision follows a Supreme Court ruling...

Switzerland has withdrawn MFN status for India, leading to higher withholding tax on dividends earned by Indian companies in Switzerland from January 1, 2025. The move follows a Supreme Court...

A Deloitte survey suggests simplifying ITR forms, TDS framework with 'one rate one section', and streamlining deductions & incentives. Read more about the recommendations.

Bernstein says Adani Group's financial position has strengthened since the Hindenburg report, citing reduced share pledges, lower leverage, and improved valuations.

SBI Chairman CS Setty highlights the limited supply of cybersecurity professionals as a major concern for the banking industry. He emphasizes the need for robust cybersecurity investments and...

The US India Business Council (USIBC) urges India to introduce production-linked incentives for the media and entertainment industry in the upcoming Budget, aiming to position India as a leading...

The US-India Strategic Partnership Forum has urged Finance Minister Nirmala Sitharaman to ensure a stable and predictable tax environment ahead of the upcoming budget. The forum suggests...

HCL Technologies' subsidiary, HCL Investments UK, has divested its 49% stake in a joint venture with State Street International Holdings for USD 172.5 million.

Reliance Industries wins IFR Asia's 'Issuer of the Year' award for 2023, marking their fourth win. The company achieved optimal pricing for super-sized funding deals in challenging market conditions.

India's space sector seeks liberal FDI policy, PLI scheme, GST exemption and reduced tax rates in the Union Budget to attract investment and boost growth.