The move will help the government to identify cases where the remittance was sent but was not reported by the taxpayer in their filling, the official said. “The whole exercise will curb tax evasion and ensure that legitimate remittances are facilitated while preventing abuse of relaxations in foreign remittance reporting,” the official added.
Fortis Healthcare Q4 Results: Net profit falls 7% to Rs 188 crore
Fortis Healthcare Ltd on Tuesday reported a 7.44 per cent decline in consolidated net profit at Rs 188.02 crore in the fourth quarter ended March