Why did the govt push these Ordinances and why is it facing opposition to them, both from within the government and outside it
Business Standard tries to explain why Sebi introduced this new system and why it is worrying the broking community
For education-related foreign remittances funded by loans, though, the tax will be just 0.5% for amount above Rs 7 lakh, but will go up to 5% if PAN is not provided
While some welcome the amendments, others have doubt and point to the arbitrary powers the government can still use to control trade