The Finance Bill 2013 has been passed without any changes to the securitisation tax proposals. Hence, a distribution tax of 25% - 30% becomes effective from 1st June.
Within a very short time, market participants may have to devise strategies to deal with the situation. Please see my article at:
http://vinodkothari.com/Securitisation_choosing_between_knit_picking_and_fabric_changing.pdf
Within a very short time, market participants may have to devise strategies to deal with the situation. Please see my article at:
http://vinodkothari.com/Securitisation_choosing_between_knit_picking_and_fabric_changing.pdf
Nice work...
ReplyDeleteFor more on indian taxation one can vist at
http://taxchacha.blogspot.in