The apex court this week has given an interim stay on a significant Delhi High Court ruling in early 2023 that a tax residency certificate (TRC) is sufficient for a foreign investor’s claim to pay zero or lower tax under treaties between India and overseas jurisdiction like Mauritius, Singapore and The Netherlands.
Bharti Hexacom shares zoom 4% after Q3 PAT, revenue jump over 20% YoY
Bharti Hexacom shares rose 3.8% after the company reported a 23% increase in net profit, reaching Rs 261 crore, and a 25% rise in revenue