Well-heeled Indians betting on ‘blank cheque’ firms — the Wall Street term for special purpose acquisition companies or SPACs — have started receiving notices from the tax department.
Several high net-worth individuals (HNIs) in India are reportedly facing tax notices for their investments in Special Purpose Acquisition Companies (SPACs), commonly known as "blank cheque companies." ...
The resident Indian investor must declare any investment and income generated outside India on the Schedule 'Foreign Assets' ...
No offence, but if you’ve never come across the term SPAC, you missed what was considered the hottest trend on Wall Street in 2020.
According to a media report, the Central Board of Direct Taxes is doing a reassessment of the tax paid by insurance companies in certain years before April 1, 2023.(HT) Multiple insurance ...
Before we get in to how to check online income tax refund status, let us first know what is income tax refund. The income tax refund is the amount payed to the tax payers by the income tax authorities ...
As a frequent Credit Card user, if you are involved in making any high-value purchases, it will surely attract some amount of tax. Read further to know more about income tax on Credit Card ...
India's income tax laws are subject to periodic revisions. Read Our Latest News and Updated on Income-tax, Articles on income tax India to understand income tax slab, Income tax e-filing, income tax ...