Tata Sons’ ousted chairman Cyrus Mistry ratcheted up his battle against the $100 billion conglomerate by launching legal proceedings on Tuesday, sources familiar with the matter said. Mistry has fired the first salvo after resigning from the boards of six ... The Financial Chronicle, 2 months ago
When Taragauri Doshi’s husband died, an assessing officer wanted to tax the proceeds from a life insurance policy that had been bought abroad. Homi Mistry, Mousami Nagarsenkar & Hiral Tanna explain why such proceeds are not taxable in India. Nowadays, it is quite common for people to go abroad on assignments and even live in foreign countries for long periods. The life insurance policies that they had bought in India may not suffice to provide adequate protection, given the higher ...Rediff.com, 2 months ago
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