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DEA asks revenue dept to clarify tax norms for foreign funds

The Department of Economic Affairs (DEA) has received representations from fund managers, FPIs, PEs, and VCs on the recent list of frequently asked questions issued by the Central Board of Direct Taxes (CBDT) which hints at a triple tax incident for their investments in India, sources tell CNBC-TV18.

first published: Jan 6, 2017 02:51 pm

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