Asia/Pacific

Lessors in IFSC exempted from tax deduction at source on dividend as per latest government norms

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Lessors in IFSC exempted from tax deduction at source on dividend as per latest government norms

In a significant boost to the aircraft leasing business at GIFT City, Gujrat, India, the Union finance ministry has said the dividend paid by a unit in an International Financial Services Centre that engages in aircraft leasing business to another such unit in an IFSC will not be subject to tax dedu...

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