The BSE Sensex jumped 2,975 points, or 3.7%, to close at 82,429.9. The NSE Nifty surged 916.7 points, or 3.8%, ending over 24,924. Both indices closed at their highest levels for the year, aided by the sharpest run-up in a day since February 2021.
India, France near deal on tax treaty, to lower levy on dividends paid to French parent companies
India and France are nearing a revised tax treaty that will reduce dividend taxes for French parent companies holding over 10% stakes to 5%, while