Indian officials seek to tax Jane Street’s profits, recommend denial of treaty benefits, says report

Indian tax officials have reportedly suggested denying Jane Street Group LLC tax treaty benefits with Singapore, and recommended taxing the firm’s profits as capital gains amid ongoing challenges with the Indian markets’ regulator, according to a report by the Economic Times. Officials of the investigation unit have reportedly recommended that invocation of general anti-avoidance rules…

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Setback for TVK chief Vijay as Madras HC rejects petition against ₹1.5 crore Income Tax penalty

The Madras High Court on Friday dismissed a writ petition filed by TVK chief Vijay, who had challenged an Income Tax Department order directing him to pay a ₹1.50 crore penalty for allegedly failing to disclose his full income for 2015-16, PTI reported. Justice Senthilkumar Ramamoorthy, while rejecting Vijay’s petition, stated that the penalty order…

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IT raid was going on in the office, business tycoon shot himself in Bengaluru, what happened at the last moment?

Show Quick Read Key points generated by AI, verified by newsroom C.J., chairman and owner of Confident Group, involved in real estate and consumer sector in Bengaluru, the capital of Karnataka. Roy committed suicide by shooting himself in his office on Friday (January 30, 2026). This incident happened at the office of Confident Group located…

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