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Transfer of foreign-owned IP not taxable in India: Delhi HC

The Delhi HC on Monday ruled that transfer of intangible assets like intellectual property whose owners were not based in India could not be taxed in the country

3 min read28 Jul 2016

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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