Taxman to plug gaps in rules to make fleeing millionaires pay up
Updated : April 13, 2018 05:59 PM IST
A five-member working group that the CBDT formed is likely to submit the first set of recommendations by the end of April.
The working group will make recommendations for changes in Place of Effective Management norms to determine the roots of foreign companies and prepare a list of HNIs who became NRIs in the past five years.
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morning
YOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more