A non-resident investor's income from offshore investments that go through an Alternate Investment Fund set up in an International Financial Services Centre will not be taxed. As per the provisions of the Income Tax Act, 1961, non-resident or foreign companies generating income chargeable under this Act through investments in IFSC-based investment funds, including Alternative Investment Funds (AIFs) registered in GIFT City, are exempt from filing income tax returns in India, provided that the income tax due on such earnings has been deducted at the source and remitted to the Central Government by the respective investment fund.
If a startup that raises $1 billion in a single round of funding it is called?
______ is a magnetically thin coated piece of plastic wrapped around wheels which is sequential access and is often used for backing up large amounts of...
What are the total numbers of accounts opened in PMJDY accounts till April 2022?
Consider the following statements regarding ordinances.
1. Article 123 of the Constitution of India grants the President certain law – making p...
Which portal will enable farmers to showcase their products through their nearby markets and facilitate traders from anywhere to quote price?
Mohenjodaro site of Harappan civilisation is situated on the bank of which river?
Where is Central Institute for Research on Buffaloes situated?
What is the primary role of the Coir Board, and under which ministry does it operate?
The Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) is related to which sector?
When was the Constitution amended for the first time?
