Industrial growth hit a three-month high of 5.7% in July from 3.8% in June. “You can’t get a better time for manufacturing than now; festival season is followed by elections, with rabi and marriage season,” said Madan Sabnavis, chief economist at Bank of Baroda.
India, France near deal on tax treaty, to lower levy on dividends paid to French parent companies
India and France are nearing a revised tax treaty that will reduce dividend taxes for French parent companies holding over 10% stakes to 5%, while