Tag: tax exemptions
Posted in Economy
Budget 2024: To boost investment, Budget presents GIFT to VC funds on compliance
July 27, 2024 Leave a Comment on Budget 2024: To boost investment, Budget presents GIFT to VC funds on compliance
NEW DELHI: Venture Capital funds located in Gujarat International Finance Tec (GIFT) City will not have to disclose the source of their funds after a…
Posted in Economy
India tightens norms to plug likely tax swindling efforts via donations to trusts
June 27, 2023 Leave a Comment on India tightens norms to plug likely tax swindling efforts via donations to trusts
The Central Board of Direct Taxes has tightened norms for charitable, religious, and educational trusts with their their income tax returns, months after suspecting large…