New Delhi [India], Sep 17 (ANI): The union government on Monday announced that interest payable by an Indian company or a business trust to a non-resident, including a foreign company, in respect to rupee denominated bonds issued outside India before July 1, 2020, would be liable for a conce
New Delhi [India], June 20 (ANI): The Department of Income Tax (IT) through the Central Board of Direct Taxes (CBDT) has prposed to amend Rule 10CB of IT Rules, 1962 in respect of computation of interest income pursuant to secondary adjustment u/s 92CE of IT Act, 1961.
New Delhi [India], Apr 19 (ANI): Private sector lender IndusInd Bank on Wednesday announced its fourth quarter result which missed the analysts' estimates due to sharp jump in provisions despite stable asset quality while net interest income was ahead of expectations due to better loan