Tag Archives: Exempt

Tesla In Talks With Government Of India To Exempt Import Duty For Its Cars

HIGHLIGHTS Tesla has plans to build a local factory in India Import duties in India will affect the prices of Tesla cars Tesla plans to launch the Model 3 in India We’ve always kept you updated about Tesla coming to India. We’ll be more than happy to see the car maker here but there are some obstacles that it is ... Read More »

P-Note Maturities Should Be Exempt From GAAR: Assocham

New Delhi:┬áThe General Anti-Avoidance Rules (GAAR) should not apply to a foreign portfolio investor (FPI) on redemption and maturity of participatory notes, industry body Assocham said on Wednesday. In a detailed memorandum to the Finance Ministry, the chamber said it is common for investors to gain economic exposure in Indian securities through P-notes. “We believe that the existence of a ... Read More »