Will banks offering repo-linked rates impact NBFCs and HFCs?

The RBI has mandated banks to link their lending rates to an external benchmark like the repo rate to ensure faster transmission of policy rate changes to customers. .Nilanjana Chakraborty asks experts how partial implementation will impact these companies and their customers, and whether it will lead to new borrowers naturally gravitating towards banks now Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies

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Salary received abroad by ‘resident and ordinary resident’ is taxable in India

You may evaluate claiming foreign tax credits under the India-US Double Tax Avoidance Agreement, for the taxes, if any, paid in the US on the salary received during the assignment, subject to satisfaction of conditions Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies

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