In recent weeks, over a dozen foreign investors have received notices from India’s income tax department for allegedly skipping taxes on substantial transactions from 2018 to 2021. These notices point to deals where stocks in Indian companies were bought indirectly through Mauritius, Singapore, and Luxembourg entities to exploit tax treaty benefits.
ITC, HUL among 10 FMCG stocks that have tumbled up to 31% in 2026. How many do you have?
FMCG stocks remained under pressure in 2026, with the sector index declining 10% year-to-date amid geopolitical disruptions and inflationary pressures. Most major names, including ITC,
June 26, 2026