Tax expert says amendment is likely to hit Indian companies which have NRI-owned group entities in countries like the UAE
PwC India
Latest in PwC India
Crude price
Saudi Aramco attacks pose threat to India’s fiscal balance, say experts
India’s import bill could get a ‘crude’ shock if the current production disruptions push the price of oil above $70 a barrel
foreign direct investment
India’s FDI rule changes likely to attract more high tech, luxury brands
India will allow single brand companies to start online sales in India before they set up their brick and mortar stores which could be opened within two years
Indian Finance Bill 2019
NRIs may face tax on wealthy gifts from Indian residents
Provision proposed in the Indian Finance Bill 2019 says NRIs will have to pay tax on gifts received from resident Indians valued at over $730
Anarock Property Consultants
Hotel demand growing twice the rate of supply in India, says report
Branded hotel chains India set to see 50% growth, according to PwC
India
Gulf funds could reap rewards of Indian infrastructure crunch
Indian infrastructure project developers set to rush to tie-up long-term funds for projects
bankruptcy law
India set for $100bn-plus M&A deals in 2018
Combination of a new bankruptcy law, a race for dominance in the e-commerce industry and a record war chest at Asia-focused private equity funds has created what some are calling an unprecedented opportunity for deal-making