As the premier shipbuilding yard in India, Mazagon Dock (MDL) manufactures warships and submarines. The PSU has also embarked on a diversification drive by reviving its ship repairs & maintenance unit besides venturing into the business of shipping container manufacturing and has already bagged two orders from CONCOR.
Higher capital gains tax: Who benefits the most?
Excluding tax havens such as Hong Kong, Singapore and the UAE, India’s capital gains tax remains one of the lowest globally, especially as the amount