Under the Income Tax Act, 1961, which category of investors will not be taxed on their income from offshore investments made through an Alternative Investment Fund (AIF) in an International Financial Services Centre (IFSC)?
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.
Which one of the following is NOT a pressure unit?
Adsali crop of sugarcane takes a period of maturity of
Which economic system aims to strike a balance between private enterprise and state intervention to curb the extreme inequalities generated by pure capi...
Which one of the farming system where farmers move seasonally with their herd?
The yellow vein mosaic of okra is majorly transmitted by ____
Proper time of sowing hybrid maize is:
Upper limit of crossing over between two genes is:
Which of the following crop is grown in India by means of dry farming?
The pump suitable for small discharge and high head is:
Jaya, a high yielding variety developed in India which outyield both its parent was a cross between _____