Laid off? You have to pay tax on severance pay – Shailesh Kumar
Global fund managers in India scored a win when the country relaxed its tax rules for those controlling offshore funds—but more changes may be needed to boost fund management in the country.
The Indian tax authority recently set minimum thresholds for how fund managers based in India are paid, removing the risk of potential disputes under earlier rules .
Shailesh Kumar, Partner with inputs from Vasudha Arora contributed an article on Laid off? You have to pay tax on severance pay for Financial Express.