Shanmuga Hospital is set to be listed on the NSE SME platform, indicating a moderate premium. The IPO funds will enhance medical equipment and general purposes. With advanced medical infrastructure and accreditation, the hospital provides comprehensive and affordable healthcare services, aiming for continuous improvement and wider reach through collaborations.
FCNR(B) hurdle: Singapore holds ground on withholding tax
Given the spread between interest offered on FCNR deposits and interest charged on loans, a 10% WTH on loan interest on tax grossed-up basis would