What Tiger Global ruling means for foreign investorsA Supreme Court ruling impacts foreign investors in India. Investors can no longer use only a Tax Residency Certificate for tax benefits. T...
Tiger Changes Its Stripes: SC says treaties aren’t tax shieldsTiger Global Supreme Court news: The Supreme Court has changed foreign investment rules in India. A recent judgment means tax residency cer...
Does 'Tiger Global' leave investors confused, or finally put economic substance over legal form?The Supreme Court has ruled that a Tax Residency Certificate (TRC) is not conclusive proof of eligibility for Double Taxation Avoidance Agr...
Tiger Global's treaty 'abuse' case key to how money flows to IndiaInternational investors await a crucial Supreme Court verdict on Tiger Global's tax case. This ruling will significantly impact how foreign...
Substance vs form: All eyes now on Tiger Global case after SC's verdict on global hospitality leader Hyatt InternationalFollowing the Hyatt International ruling, the Tiger Global case has garnered significant attention, potentially reshaping foreign investmen...
SC ruling to decide fate of TRCs, tax notices to investorsThe apex court this week has given an interim stay on a significant Delhi High Court ruling in early 2023 that a tax residency certificate ...
FPIs, foreign VCs pin hopes on tax residency proof to avoid hitThe adequacy of TRC has often been questioned by the Income tax (I-T) department on the grounds that investing entities were mere dummies s...
Cognizant asks shareholders to reject mini-tender offer from TRC CapitalIn a filing to stock exchanges, Cognizant said it did not endorse TRC's "unsolicited" mini-tender offer and urged shareholders to reject th...
Cognizant asks shareholders to reject “mini-tender” offer by TRC Capital for minority stakeTRC Capital has made similar such mini-tender offers to buy out stock in a number of Fortune 500 companies such as Wal-Mart Stores and Lowe...
Mauritius takes fresh steps to address round-tripping concernsAccording to the regulator, the changes have been done in line with the government's policy to further develop the island nation's financia...
Finance Minister woos foreign investors by relaxing norms of tax residency certificateThe minister, who has travelled to various global financial centres to woo foreign investors, unveiled several measures to attract foreign ...
Tax concession claims for FIIs to be made easierIndia will make it easier for foreign investors to claim tax concessions offered under bilateral tax treaties by simplifying the process of...
Budget 2013: Government allays fears on Mauritius Tax Treaty, clarifies TRC enough proofClarification puts to rest fears raised after the Budget that cos routing investment through Mauritius would face greater scrutiny from tax...
Budget 2013: Markets won’t go up unless govt continues reforms says Akash Prakash, Amansa Capital"The TRC certificate thing also will be clarified because the FM was the person who had put GAAR to rest. "
- Budget 2012: Venture Capitalists fear setback, to meet officials shortly
The Venture Capital Association is planning to meet finance ministry officials shortly to discuss the impact some of the Budget proposals.
- Post Vodafone verdict, govt to clamp down on mauritius deals
The TRC is considered to be proof that an investor is a resident of Mauritius and thus entitled not to pay capital gains tax under the Indo...
- Government defers tax waiver decision under DTAC
With answers to legal issues surrounding the tax benefits availed by foreign companies under the popular Indo-Mauritian double tax avoidanc...