'At a time when the entire India-US relationship needs to be defined by President Trump and Prime Minister Modi, a fresh look at the liability issue has become urgent,' says Ambassador T P Sreenivasan, former Governor for India at the IAEA. IMAGE: Prime Minister Narendra Modi, right, with then US President Barack Obama in New Delhi, January 25, 2015. 'Obama's nuclear gift to Modi is a shrewd investment,' Andy Mukherjee said in a column on Rediff.com Long before the enactment of the ... Rediff.com, 3 hours ago
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CBDT circular issued last month had raised multiple taxation concerns. Foreign portfolio investors can now breathe easy, with the income-Tax department on Tuesday keeping in abeyance its controversial circular on taxing India-dedicated funds. Experts said clarity was necessary on the issue at the earliest so that FPIs were certain. They expect the finance ministry to amend the law in the Budget to put an end to the controversy. The circular, in the form of frequently asked questions ...Rediff.com, 1 month ago
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