The Hon’ble ITAT held that once it is established that GAGIL FDI Limited (‘assessee’) is carrying its business activities in Cyprus and holds a valid Tax Residency Certificate (‘TRC’) issued by Revenue Authority at Cyprus, it is not merely a pass through entity.

Recently, the Reserve Bank of India (‘RBI’) vide its circular dated 08 May 2025 has relaxed certain conditions for investments made by Foreign Portfolio Investors (‘FPIs’) in Corporate Debt Securities (‘Debt Securities’) through general route.

Home improvement is no longer just about maintenance, it's about reimagining living spaces to reflect changing lifestyles, aspirations and technology.

The United Arab Emirates (UAE) released Cabinet Decision 35 of 2025 on Qualifying Investment Funds (QIF) and Qualifying Limited Partnerships (QLP) relating to the UAE Corporate Tax Law (Federal Decree Law 47 of 2022).