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FIIs to file residency proof to avoid tax evasion issues

The tax department is all set to tighten the noose around foreign investors who have been investing through shell-companies in tax havens. CNBC-TV18 learns that the I-T department will ask FIIs and foreign investors to file tax residency certificates if they are situated in a country with which India has a DTAA.

first published: Mar 26, 2012 06:23 pm

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