Accel backs Indian AI startup building ‘ChatGPT for presentations’
Presentations.ai has raised $3 million in a seed round led by Accel to scale its AI-powered software for generating ...
The Hindu19d
Tax avoidance treaties: India sets new norms for claiming benefits
The Central Board of Direct Taxes (CBDT) in its guidance note on PPT also clarified that the grandfathering provisions under the India-Cyprus DTAA, India-Mauritius DTAA and India-Singapore DTAA ...
Business Line20d
CBDT clarifies past investments under old tax treaties safe from PPT
Accordingly, grandfathering provisions under such DTAAs will remain outside the purview of the PPT provision. According to Rohinton Sidhwa, Partner, Deloitte India, essentially the circular ...
CBDT: Past investments from Mauritius, Singapore and Cyprus to be grandfathered under tax treaty
India will grandfather past investments from countries with which it has certain tax treaties including Mauritius, Singapore and Cyprus and the income tax department will not re-open these for ...
Business Line27d
Delhi ITAT allows India-Luxembourg treaty benefit on tax residency certificate
that satisfied the provisions of the principal purpose test (PPT), to avail of benefits under the India-Luxembourg tax treaty. PPT provisions provide that treaty benefits will not be granted if ...