“Gujarat International Finance Tec-City (GIFT City) is emerging as a crucial global finance hub, attracting various financial and technology firms with its unique blend of regulatory advantages, tax...
The Finance Bill, 2023 has introduced an amendment to the Angel Tax provisions under the Income tax Act, 1961 in relation to its applicability to non-residents. INDUSLAW’s Winnie Shekhar, Anantha Krishnan Iyer, and Rajat Jain discuss how the amendment will affect the investee entities and FDI from non-residents.
