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.
Motilal Oswal see 4% downside for Bharat Dynamics, starts coverage with neutral call amid lofty valuations
Motilal Oswal has initiated coverage on Bharat Dynamics with a ‘neutral’ rating and a target price of Rs 1,900, citing stretched valuations. While upbeat on