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Pranay Bhatia

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Declare foreign assets and income to avoid penalty

Declare shares of foreign companies, money in foreign banks, paintings or jewellery purchased abroad as foreign assets and not under Income Tax, to avoid prosecution under the proposed 'black......

Budget brings tax worries for foreign portfolio investments

Portfolio investors based out of the US and other countries with which India does not have favourable tax treaties will have to pay a 15 per cent tax on their derivative transactions, after the......

Cyprus debt funds halt remittances from India

Cyprus-registered funds that invest in Indian debt instruments are refraining from taking their redeemed investments back to the island nation. Fears over safety of their money, following the......

Kraft's liability on Cadbury buy limited

The takeover of Cadbury India by US-based Kraft Foods is different from Vodafone's buyout of Hutchison Essar in 2007, said Indian tax experts."Kraft's acquisition of Cadbury is a global......

No tax on loan interest for foreign cos' Indian op

If a foreign company pays interest on loan for carrying out operations in India it will be allowed tax exemption under the Income Tax Act, 1961, a tax tribunal has ruled.This has put to rest......

Ranji Trophy round-up: Baroda take lead against holders Karnataka

A summary of the third day's play in the Ranji Trophy league matches at various venues across the country. Riding on superb bowling by Swapnil Singh (4-74), Baroda bundled out Karnataka for......

Ranji round-up: Sehwag sizzles with unbeaten ton on green top at Lahli

File picture: Virender Sehwag celebrates his century. Photograph: Robert Cianflone/Getty Images Lahli: Veteran opener Virender Sehwag is making most of his hard-earned form as he blended caution......
  Web results for Pranay Bhatia
Private equity funds fearful of imposition of MAT

MUMBAI: Private equity funds are fearful that India's tax authorities could attempt to impose Minimum Alternate Tax on their profits when they exit... ...

http://economictimes.indiatimes.com/news/economy/finance/pe-funds-fearful-of-imposition-of-minimum-alternate-tax/articleshow/47033503.cms
Sehwag grabs headlines with unbeaten 147

Provided by Wisden Virender Sehwag grabbed the headlines for his unbeaten 147 for Delhi on a green top in Rohtak against Haryana. BCCI Four... ...

http://www.msn.com/en-in/sports/other/sehwag-grabs-headlines-with-unbeaten-147/ar-BBhxLql?srcref=rss
Tamil Nadu inflict innings defeat on Mumbai

Provided by Wisden Pankaj Singh picked up three wickets in the second innings and finished with seven in the match as Rajasthan cruised to a... ...

http://www.msn.com/en-in/sports/other/tamil-nadu-inflict-innings-defeat-on-mumbai/ar-AA8vQCA?srcref=rss
Declare foreign assets and income to avoid penalty

Declare shares of foreign companies, money in foreign banks, paintings or jewellery purchased abroad as foreign assets and not under Income Tax, to... ...

http://www.rediff.com/money/report/pix-perfin-declare-foreign-assets-and-income-to-avoid-penalty/20150413.htm
Domestic portfolio managers hail Jaitley call

Domestic portfolio management service (PMS) providers are in the process of setting up offshore funds to tap investors from financial centres like... ...

http://wap.business-standard.com/article/markets/domestic-portfolio-managers-hail-jaitley-call-115041300021_1.html

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