The Supreme Court has put on hold a Delhi High Court ruling that had allowed foreign investors to benefit from zero or reduced tax rates in India based solely on possessing a tax residency certificate. Foreign investors can avail of these certificates, known as TRCs, based on treaties between India and tax haven countries such as Singapore and Mauritius.
Krishna Yadav from LiveMint writes on “SC stays Delhi HC ruling on benefits for foreign investors with TRCs” with expert comments from our Partner Mitesh Jain.
