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Foreign Investors to Shell Out More Tax Money from April 1
March 26, 2019
With the changes in the Double-Taxation Avoidance Agreements (DTAA) with Singapore and Mauritius and those in the Sebi listing coming into effect from April 1, investors based in either of these countries may have to pay higher taxes to the Indian government. This is because the government will get the right to tax capital gains on the sale of Indian equity shares for investors based in these countries.
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