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Top 5 budget 2023 expectations of retail sector
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Article Post-Budget Article: Impact on the Automotive Sector
The forward-looking approach adopted in the budget towards this sector has been in alignment with the government’s goals of promoting Aatmanirbhar Bharat and moving firmly towards net-zero carbon emissions by 2070, shares Saket Mehra in this insightful article in Financial Express.
"This effectively seems to mean that any other securities which are not in form of shares -CCD, OCD, or such other structured products qualifying as 'Securities' under Securities Contract (Regulations) Act, 1956 and held as 'Investment'- may still remain eligible for benefits under Mauritius and Singapore tax treaties. Would this tempt the future foreign investments to use new product structures, including reorganising their existing investments to other hybrid securities, to continue investing from these countries?"
Partner, Grant Thornton India LLP
This article apeared in Business Standard on 13th May, 2016
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