PM Modi inaugurates luxurious Ganga Vilas cruise, tent city in Varanasi

Prime Minister Narendra Modi flagged off the world’s longest river cruise MV Ganga Vilas which will sail from Varanasi in Uttar Pradesh to Dibrugarh in Assam covering a journey of about 4,000 kms. “The beginning of the world’s longest river cruise service on river Ganga is a landmark moment. It will herald a new age… Continue reading PM Modi inaugurates luxurious Ganga Vilas cruise, tent city in Varanasi

Budget 2023 may take up GIFT City AIFs’ tax snags

The Reserve Bank of India (RBI) allowed domestic investment in a GIFT City fund using the Liberalised Remittance Scheme (LRS), under which a resident Indian can invest up to $250,000 a year in stocks and properties abroad. But administrators of category 3 AIFs receiving such LRS money may have a tough time dealing with the… Continue reading Budget 2023 may take up GIFT City AIFs’ tax snags