Bansal Maini News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Foreign portfolio investors (FPIs) from Mauritius may face higher scrutiny after the amendment in the India-Mauritius tax treaty introduced a principle purpose test (PPT) to prevent treaty abuse by taxpayers. The Mauritius government had in February decided to amend the double taxation avoidance agreement (DTAA) with India to align with the Organisation for Economic Co-operation and Development's proposal on base erosion and profit shifting. Although the agreement between India and Mauritius was signed on March 7, the protocol of the amendment was made public for the first time on Wednesday, s...

India’s Union Finance Minister Nirmala Sitharaman presented the interim Union Budget on Thursday. With elections around the corner, an interim budget is presented to keep essential government operations funded until the newly elected government presents its full budget.

Indian law firm Luthra & Luthra Law Offices has added banking and finance attorney Rohit Sharma and tax counsel Rubal Bansal Maini as partners In Mumbai and Delhi, respectively. Sharma joins from Bharucha & Partners, while Bansal Maini was an independent counsel.