
BUSINESS
Dinesh Kanabar writes: The fine print on direct taxes has thrown up a number of surprises
A change has been made in respect of dividends received from foreign companies. These were earlier taxable at a concessional rate of 15 percent. They are now fully taxable unless, of course, the receiving companies declare an onward dividend

BUSINESS
I hope FM puts this ghost of retrospectivity behind us, says Dinesh Kanabar, CEO, Dhruva Advisors