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    Tax Law Changes: GAAR Scope Narrowed for Legacy Investments

    New Delhi, April 1 – The Central Board of Direct Taxes (CBDT) has amended income tax rules to provide clarity on the applicability of the General Anti-Avoidance Rules (GAAR), in a move aimed at reducing ambiguity around tax avoidance provisions.In its notification, the CBDT stated that GAAR...
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    Investment Activity in DLF: Goldman Sachs, ICICI Purchase Shares

    New Delhi, March 20 Goldman Sachs and ICICI Prudential Mutual Fund collectively purchased over 43.40 lakh shares of real estate major DLF for nearly Rs 231 crore through open market transactions on Friday.According to BSE block deal data, Goldman Sachs, through its affiliate Goldman Sachs...
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