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Riaz Thingna

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No TCS on overseas spending of up to Rs 7 lakh via debit, credit cards: FinMin

The government on Friday announced that no tax will be charged on overseas spending of up to Rs 7 lakh in a year using debit or credit as it looked to douse backlash from its earlier decision of......

Benami properties: The guilty may face RI of up to 7 years

While the concerned property may be confiscated, a person indulging in such a transaction is liable to pay a fine up to 25 per cent of fair market value of the property For scores of chartered......

War on black money is only half-won

Against estimates of black wealth of Rs 300 lakh crore and black money in cash of Rs 3 lakh crore by economist Arun Kumar, the PMGKY numbers fall short by a huge margin. On a November evening last......

Dividends deluge to keep taxman at bay

To save promoters from 10% levy, 70 firms call board meetings on interim pay. In the three days since the Union Budget, at least 70 companies have called board meetings to declare interim dividends......

Foreign investors' MAT woes not over just yet

Debt interest income, old cases may be still under scrutiny Foreign portfolio investors are not entirely free of the minimum alternate tax regime, despite Finance Minister Arun Jaitley saying in......

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