The income tax department views the sale of proceeds of such shares as “unexplained cash credit” or “unexplained money” subjecting it to a flat tax rate of 60%.
Foreign investors injected significant capital into India’s energy and telecom sectors in the latter half of November, continuing a trend from earlier in the month
RBI Governor Sanjay Malhotra met bank chief executives, emphasizing that rate cuts and technology adoption should lower costs and boost efficiency for sustainable growth and
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