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TRC to be accepted as residency proof: FM to foreign investors

Last Updated: Tuesday, April 30, 2013, 22:14

Easing norms for investments through countries like Mauritius and Cyprus, Finance Minister P Chidambaram Tuesday said the tax residency certificate (TRC) issued by a foreign government will be accepted as proof of residency for availing benefits under tax treaties.

Rev Secy, SEBI chief meet FIIs to allay fears on tax issues

Last Updated: Wednesday, April 17, 2013, 23:33

Revenue Secretary Sumit Bose and SEBI Chairman U K Sinha in a meeting with FIIs Wednesday sought to allay foreign investors' fears related to controversial tax residency certificate (TRC) and other concerns.

Mauritius promises to address India's concerns on tax treaty

Last Updated: Tuesday, March 05, 2013, 20:08

Mauritius on Tuesday promised to address India's concerns on possible misuse of tax avoidance treaty between the two countries, while ensuring its commercial viability, on mutually acceptable terms.

No unilateral revision of tax treaty with Mauritius: FM

Last Updated: Friday, March 01, 2013, 20:18

Finance Minister P Chidambaram on Friday sought to allay investors' apprehensions on Tax Residency Certificate issue saying India will not unilaterally revise the double taxation avoidance treaty with Mauritius.

Fin Min assurance, value-buying helps Sensex recover 57 points

Last Updated: Friday, March 01, 2013, 17:20

Good auto sales attracted investors to Maruti Suzuki that jumped 5 percent. Bajaj Auto and M&M also rose smartly.

Chidambaram to address concerns over TRC during budget debate

Last Updated: Friday, March 01, 2013, 14:28

The Finance Ministry on Friday sought to assure worried investors saying their concerns on Tax Residency Certificate (TRC) for claiming treaty benefits will be 'suitably' addressed during discussion on Finance Bill in Parliament.