While usually court decisions and tax changes are applicable after the date of announcement, the income tax department will have to issue a clarification regarding electoral bonds purchases that offer 100 percent tax deduction
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The Nifty Bank index recovered from the day#39;s low of 45,590.20 to end 0.7 percent higher at 46,218.90.
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The lender additionally said its fundamental strategy has been to improve the turnaround time of processing at front end.
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Electoral Bonds: The Supreme Court ruling is a triumph of constitutional rights as the right to information and transparency trumped the bonds’ twin objectives (curbing the use of black money in elections and protecting the identities of parties in the…
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Subhash Chandra Garg, during whose tenure as the economic affairs secretary the electoral bonds scheme was notified, was initially apprehensive about it. However, he concluded that it helped in cleaning up cash financing of elections and “drastically reduced the contribution…
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