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.
HDFC Bank declares Rs 22 dividend for FY25, fixes June 27 as record date
HDFC Bank announced a dividend of Rs 22 per share for eligible shareholders, setting June 27, 2025, as the record date. The bank’s Q4 results