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In a circular, the CBDT said that if any individual is facing double taxation even after taking into account the relief provided by the relevant Double Taxation Avoidance Agreement (DTAA), he/she may furnish the specified information electronically by 31st March, 2021, to the Principal Chief Commissioner of Income-tax (International Taxation). ....
No Postal Ballots for NRIs in Upcoming State Elections: CEC Although the Election Commission had said last year that it would roll out the facility in West Bengal, Tamil Nadu, Kerala, Assam and Puducherry elections, it now says the step cannot be taken yet. Chief election commissioner of India Sunil Arora. Photo: Video screengrab Government27/Feb/2021 New Delhi:Â Eligible overseas Indian voters will not get the facility of postal ballots in the five assembly elections to be held in March and April as the government wants the Election Commission (EC) to consult various stakeholders before the facility is rolled out. ....
Read more about What are accredited investors? The eligibility criteria and benefits on Business Standard. Currently, Indian markets have the concept of qualified institutional buyers (QIBs), which include mutual funds, insurance companies or foreign portfolio investors ....
Nod to 3 FDI proposals from Hong Kong, none from China so far SECTIONS Share Synopsis India had cleared three investment proposals from Hong Kong last month before the beginning of the first phase of de-escalation of the border tensions with China. India had cleared three investment proposals from Hong Kong last month, before the beginning of the first phase of de-escalation of the border tensions with China. The inter-ministerial committee (IMC) set up to review Chinese foreign investments cleared proposals by two Japanese companies Citizen Watches Company and Nippon Paint Holdings, routed through Hong Kong and a third by Hong Kong-based NRIs in Hyderabad-based Netplay Sports Pvt Ltd. ....
Measures or directions taken by countries such as the US, UK and others would also have to be considered such that the view India takes is in line with international peers. Several countries in Europe and the UK have initiated second or third waves of lockdowns due to resurgence in Covid 19 cases even as vaccination drives have begun. ....