What amendment has the Finance Ministry made to Income Tax Rules regarding non-residents and foreign companies opening bank accounts in IFSC Gift City?
The Finance Ministry has amended Income Tax Rules and so now the non-residents and foreign companies opening bank accounts in IFSC Gift City will not have to furnish PAN and instead file a declaration The non-resident or the foreign company opening a bank account at the International Financial Services Centres (IFSC) will have to file a declaration in Form 60 and should not have any tax liabilities in India. Ministry of Finance Union Minister: Nirmala Sitharaman Gujarat International Finance Tech-City (GIFT City) is a business district currently being constructed in the state of Gujarat. GIFT City is India’s first operational smart city with the development of world-class infrastructure and sustainable master planning, which will make GIFT at par or above par with renowned International centres
‘Zhongxing - 6D’ satellite into space is being successfully launched by which country?
Which of the following cities is not located near the Gulf of Khambhat?
Who won Mexico Open 2022 Men's singles title?
What is the estimated income received from GST and VAT taxes in the fiscal year 2022-23 (budget estimate)?
When is International Labour Day observed?
When is the United Nations’ World Cities Day observed?
Which of the following communities observes the Lai-Haroba festival?
What is purchasing power parity (PPP)
‘The Great Bear Lake’ is in which country?
Government has decided to subsidize the burden of Merchant Discount Rate (MDR) for transactions below