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The Finance Ministry has amended Income Tax Rules and so now the non-residents and foreign companies opening bank accounts in IFSC Gift City will not have to furnish PAN and instead file a declaration The non-resident or the foreign company opening a bank account at the International Financial Services Centres (IFSC) will have to file a declaration in Form 60 and should not have any tax liabilities in India. Ministry of Finance Union Minister: Nirmala Sitharaman Gujarat International Finance Tech-City (GIFT City) is a business district currently being constructed in the state of Gujarat. GIFT City is India’s first operational smart city with the development of world-class infrastructure and sustainable master planning, which will make GIFT at par or above par with renowned International centres
The Least Common Multiple (LCM) and Highest Common Factor (HCF) of two numbers add up to 765. The LCM is 50 times the HCF. Given that one of the numbers...
Which of the following financial instruments are traded in the Money Market?
I. Cash management bills
What is the penalty for an employer who fails to pay gratuity to the employee as per the Payment of Gratuity Act, 1972?
What does API stand for in computer programming?
In the middle of the year 2023, which entity or organization has released the Green Deposit Framework?
A person purchased diesel at Rs. 6, Rs. 9 and Rs. 10 per litre in three successive years. If he spent Rs. 4500 each year on diesel, then find the approx...
The device to convert alternating current into direct current is
What is the principle of indemnity in insurance?
Which of the following statements is/are correct about National Family Health Survey (NFHS)?
I. It is conduc...
The average weight of a group of five persons, A, B, C, D, and E is 66 kg. If another person K joins the group then the average weight of the group is d...