Tag: tax benefits
Posted in Economy
India tightens Sri Lanka tax treaty with anti-abuse rule
New Delhi: India has tightened the tax treaty framework with Sri Lanka by introducing an anti-abuse rule that allows authorities to deny treaty benefits where…
Posted in Economy
I-T department tells charitable trusts to add ‘irrevocable’ clause or lose tax benefits
Public charitable Trusts are being told by the Income Tax (I-T) department that their trust deeds must state that they are ‘irrevocable’ and make no…