Tag: department for promotion of industry and internal trade
Officials can deny benefits if tax relief found sole motive
New Delhi: India has empowered tax authorities to deny treaty benefits on Mauritius-routed investments where securing tax relief was one of the principal purposes of…
FDI easing for foreign cos with up to 10 pc Chinese stake to be notified soon under FEMA
New Delhi: The decision to ease foreign direct investment norms for overseas companies with up to 10 per cent stake owned by Chinese entities will…
India to release product list for faster PN3 FDI approvals
New Delhi: India will soon issue a list of products for expedited clearance under amended Press Note 3 that mandates prior approval for foreign investment…
As many as 6,789 recognised startups categorised as ‘closed’: Minister Jitin Prasada
Minister of State for Commerce and Industry Jitin Prasada on Tuesday said as many as 6,789 recognised startups are categorized as “closed”. As of January…
Gujarat, Arunachal, Goa best states in providing strong ecosystem for startups: DPIIT ranking
Gujarat, Arunachal Pradesh and Goa ranked as the ‘best performers’ in developing a startup ecosystem for budding entrepreneurs, according to the ranking of states and…