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Tag: tax

Key takeaways from interim Budget 2024-25 in charts

Posted on February 1, 2024 By admin
Key takeaways from interim Budget 2024-25 in charts

India’s Finance Minister Nirmala Sitharaman during the Vibrant Gujarat Global Summit in Gandhinagar, Gujarat, India, on Thursday, Jan. 11, 2024.  | Photo Credit: Bloomberg The Finance Minister presented her sixth budget today. Her announcements ranged from railways, tourism, healthcare, technology, aviation, green energy, aquaculture, housing, and more. With regards to taxation, no changes were announced to…

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Foreign cos without PAN can open bank accounts in IFSC-Gift City

Posted on October 11, 2023 By admin
Foreign cos without PAN can open bank accounts in IFSC-Gift City

Non-residents and foreign companies opening bank accounts in IFSC Gift City will not have to furnish PAN and can 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…

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