Traveling ,Gardening & Finance
Traveling ,Gardening & Finance
Over decades, foreign investors have poured $180 billion into India via the tax haven of Mauritius. Now, an Indian court ruling is spooking investors as it could potentially reshape the M&A and investment landscape by strengthening New Delhi’s hand against tax evasion. India ended the tax-free system under the India-Mauritius treaty in 2017, but Tiger […]
The Supreme Court on Thursday ruled that capital gains arising from American investment firm Tiger Global’s $1.6-billion stake sale in Flipkart to Walmart in 2018 are taxable in India, handing a major victory to the Union government in an important judgment that is set to shape the future of cross-border investments and treaty-based tax planning. […]
Tiger Global’s $1.6-billion stake sale in Flipkart at the time of the Walmart-Flipkart acquisition deal in 2018 is subject to tax, the Supreme Court of India said on Thursday in what is seen as a landmark ruling on use of international tax treaties by companies. Walmart acquired Flipkart for $37 billion in 2018 in what […]
Mumbai, Properties owned by 1993 Mumbai serial blasts accused Tiger Memon and his family, including a flat where one of the conspiracy meetings had taken place, are set to go under the hammer soon, an official has said. Properties of 1993 Mumbai serial blasts accused Tiger Memon, his kin set to be auctioned The Smugglers […]
