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PUNIT SHAH
US-Iran peace deal: Is it enough to end the 2-year drought for Nifty bulls, bring FIIs back?A US-Iran peace framework has sparked a sharp rally in Indian markets, sending crude oil prices lower, strengthening the rupee and promptin...- Suvendu ascent to Bengal's top post shaped by decisive victories, unrelenting battle against MamataSuvendu Adhikari became West Bengal's new Chief Minister on Saturday. He was sworn in at a grand ceremony in Kolkata. Adhikari's rise follo...
- Suvendu's rise to Bengal's top chair marked by key wins and fierce opposition to Mamata BanerjeeSuvendu Adhikari has been formally chosen as the leader of the BJP's legislative wing in West Bengal, paving the way for him to become the ...
- BJP will provide 1 lakh jobs to youth each year in infiltrator-free Bengal: Amit Shah in WBUnion Home Minister Amit Shah has pledged to provide one lakh jobs annually to West Bengal's youth based on merit if the BJP secures victor...
- Yet to be notified: Income Tax authority addresses India Mauritius DTAA Amendment concerns“Some concerns have been raised on the India Mauritius DTAA amended recently. In this context, it is clarified that the concerns /queries a...
- Should investors worry about India-Mauritius tax treaty amendments? Punit Shah answersThere is another provision like principal purpose test or MLI which further requires that the FPIs or any other investors which are based i...
- Rakesh Jhunjhunwala makes a killing on ZEE, earns 50% return in just a week!At Wednesday's high of Rs 332.30 on BSE, Rakesh Jhunjhunwala's stake in ZEE was valued at Rs 166.15 compared with Rs 110.20 crore as on Sep...
- India approves multilateral instrument to curb tax treaty abuseMLI will enable India to modify its tax treaties to curb revenue loss through treaty abuse or BEPS strategies where companies park their pr...
- Venture debt firm, InnoVen Capital, invests Rs 120 million in DocsAppFunds to be leveraged to meet the growth requirements and expanding their presence across India.
- Buy Arvind, target Rs 450: Pritesh MehtaBuy Arvind Ltd. at a price target of Rs 450.0 and a stop loss at Rs 410 from entry point.
- Buy Arvind, target Rs 490: Kotak Securities LimitedBuy Arvind Ltd. at a price target of Rs 490.0 and a stop loss at Rs 440 from entry point.
- Buy Arvind, target Rs 470: Manas JaiswalBuy Arvind Ltd. at a price target of Rs 470.0 and a stop loss at Rs 447 from entry point.
- Buy Arvind, target Rs 485: Kunal BothraBuy Arvind at a price target of Rs 485 and a stop loss at Rs 438 from entry point.
- Tax-wary FPIs may move to EuropeThe government had, in 2016, amended all the three major tax treaties due to which FPIs investing in India would see their capital gains fr...
- Investment strategy being reworked due to Singapore tax treaty, GAAR arrival from FY18Industry trackers say some smaller FPIs investing in India through Mauritius are looking at increasing the number of employees in the islan...
- M&A deals may hit speed bump with new accounting standardsThe new standards, called Ind-AS, would need companies to make changes in the way they account for revenue and tax.
- Budget 2014: Withholding tax at 5% on bonds issuances by all sectors is a welcome step, says Punit ShahFII capital gains taxation clarity and withholding tax at 5% on bonds issuances by all sectors is a welcome step.
- CBDT provides tax clarity on M&AsThese instructions will provide a lot of clarity to cross-border M&A deals where the quantum of overseas remittances involved is very high.
- RBI to fix tenor & rates for loans to foreign armsIndian companies will provide such loans only on fixed rate of interest and for a fixed tenure, ensuring periodic interest is repatriated.
- RBI mulls ECB rules for escrow accountsRBI says put option makes an investment debt so stricter ECB rules should apply.
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