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Rajya Sabha approves long pending insurance bill

On Thursday night Parliament approved the NDA government’s first major economic reform measure as the long pending bill providing for raising foreign investment cap upto 49 percent in insurance sector was passed by Rajya Sabha after main opposition Congress and some other parties came on board. The controversial Insurance Laws (Amendment) Bill, 2015, which replaced […]

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PM Modi says India and Mauritius to work to avoid ‘abuse’ of DTAT

India and Mauritius will work together to avoid the “abuse” of double taxation avoidance convention, Prime Minister of India Narendra Modi declared today, as the two countries agreed to push negotiations for a long pending revision of the treaty. India and Mauritius are going to revise the Double Taxation Avoidance Treaty to prevent its abuse