If the signatories are residents, the tax office, some feel, may question the tax status of the funds offered under the treaties that India has signed with key jurisdictions like Mauritius and Singapore.
International Gemmological shares soar 10% on acquisition of 2 companies
Shares of the newly-listed International Gemmological Institute (IGI) surged 10% to hit the upper circuit and a new high of Rs 580.45 on the BSE,