Question
Under the Income Tax Act, 1961, which category of
investors will not be taxed on their income from offshore investments made through an Alternative Investment Fund (AIF) in an International Financial Services Centre (IFSC)?Solution
  A non-resident investor's income from offshore investments that go through an Alternate Investment Fund set up in an International Financial Services Centre will not be taxed.  As per the provisions of the Income Tax Act, 1961, non-resident or foreign companies generating income chargeable under this Act through investments in IFSC-based investment funds, including Alternative Investment Funds (AIFs) registered in GIFT City, are exempt from filing income tax returns in India, provided that the income tax due on such earnings has been deducted at the source and remitted to the Central Government by the respective investment fund.
an indirect way of saying something, especially something unpleasant
Give a single word that substitutes for the following expression:
The study of the origin and history of words
Give a single word that substitutes for the following expression:
One who cannot be corrected or reformed
Select the option that can be used as a one-word substitute for the given group of words.
The inability to obtain adequate sleep
Select the most appropriate 'one word' for the expression given below.
One who has persistent neurotic impulse to steal
After new evidence was presented in court, the man who had been wrongly accused of the crime was finally exonerated and released from prison.
...Select the most appropriate option to substitute the underlined segment in the given sentence. If there is no need to substitute it, select ‘No subst...
I. The NEP approach (A) for more higher educational institutions and programmes in higher education to use (B) the mother tongue or local language as a...
Select the word that best expresses the meaning of the underlined word.
A corrupt officer is a disgrace to the whole department. <...
Select the option that can be used as a one-word-substitute for the given group of words.
A person who studies insects:Â Â Â Â Â Â Â
...
