The decision will benefit companies across the sectors, particularly those with foreign branches that engage in transactions with one another. This development follows the recent decision regarding GST on corporate guarantees, in which government exempted companies that can claim full tax credit and deal exclusively with taxable goods and services. Sources say tax treatment of relatedparty transactions is somewhat convoluted, and the government aims to eliminate ambiguities by simplifying the law.
Diese Geschichte stammt aus der August 28, 2024-Ausgabe von The Morning Standard.
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Diese Geschichte stammt aus der August 28, 2024-Ausgabe von The Morning Standard.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
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FY LUSION IESTA
Set ina warm, welcoming atmosphere, Chef Sanjeev Kapoor’s latest restaurant presents a fusion of traditional Indian flavours and contemporary culinary innovation, all while remaining true to its neighbourhood roots
Filming Truth on Trial
Nan atmosphere of surveillance and censorship, much remains unspoken. Documentary films, in particular, inhabit a liminal space between the present and the truth, possessing the unique power to unveil unmediated realities with striking force.
South Asian Jr Athletics C'ship: Gold harvest for Indian team
THE Indian contingent exceeded all expectations and were in brilliant form on Thursday as they reaped a harvest of as many as 19 medals, nine of them being gold on the second day of the fourth edition of South Asian Junior Athletics Championship held at Jawaharlal Nehru Stadium, Chennai.
IPL PLAYERS HIGHLY UNDERPAID
The league’s media rights may have skyrocketed since its inception but salary cap hasn’t grown proportionately. Swaroop Swaminathan captures the story through numbers
Pvt sector must step up infra investment: DFS secy
India needs to spend 8-10% of gross domestic product on infrastructure for sustaining high single-digit growth rate over next couple of decades, said a senior finance ministry official.
PM e-drive: Electric 2W buyers can get subsidy of ₹10K in 1st yr, ₹5K in 2nd yr
UNDER the ‘PM Electric Drive Revolution in innovative Vehicle Enhancement (PM e-drive) scheme, which will be rolled out soon, electric two-wheeler buyers can avail a maximum subsidy of up to ₹10,000 in the first year and ₹5,000 in the second year.
Fuel prices may fall if crude remains low: Official
Oil marketing companies (oMCs) may consider reducing petrol and diesel prices domestically if international crude prices remain low for an extended period, according to a senior official from the Petroleum Ministry.
Mkt rally makes investors richer by ₹6.5L cr
Optimism is fuelled by US inflation in August falling to three-year low of 2.5% which sparked rate cut hopes
Myanmar residents flee deadly floods on makeshift rafts, boats
CARRYING children on their backs or rowing the elderly on makeshift rafts through rising waters on Thursday, thousands of Myanmar residents fled severe flooding triggered by the deadly Typhoon Yagi.
Marvelling Singapore's skyscrapers, Pope bats for fair wages for migrants
POPE Francis on Thursday praised Singapore’s economic strength as a testament to human ingenuity but urged the city-state to look after the weakest, too, especially foreign workers, as he opened the final leg of his tour through some of Asia’s poorest countries in one of the world’s richest.