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Read more about the article Understanding Section 115ACA of the Income Tax Act: Tax on Income from Global Depository Receipts

Understanding Section 115ACA of the Income Tax Act: Tax on Income from Global Depository Receipts

Global Depository Receipts (GDRs) are instrumental in allowing Indian companies to raise capital from international markets. Section 115ACA of the Income Tax Act, 1961, offers a special tax regime for…

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