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.
Highway Infrastructure shares to list today. Here’s what GMP suggests
Highway Infrastructure is set to list on the stock exchanges today. Its IPO saw massive oversubscription across all categories. The IPO price was Rs 70