CBDT issues clarification on continuation of concessional rate of tax on interest income of FPIs. It has been clarified that the concessional rate of 5% will continue to be applicable on certain interest income of FPIs. Press release issued on the same today.
gm is an news editor at Hissar. He handles the regional online portal and social media team network, besides reporting and writing primarily on financial and socio-cultural markers.