GAAR

GAAR EFFECTIVE 1 APRIL 2013

The General anti-avoidance rule (GAAR) will be implemented from 1 April 2013 as per the draft released early today.  The guidelines formulated are mentioned below: –          Non-resident FII investors are exempt from the application of the guidelines. Only co.’s opting… Read More ›

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MORNING EQUITY UPDATE

ASIA According to Chinese PM Wen Jiabao, corruption could threaten China’s power structure. (Reuters) INDIA EGoM undertook a decision to allow export of additional one million tonnes of sugar over the previously approved two million tonnes for the marketing year… Read More ›

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