Transfer of shares News
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In December 2018, the watchdog extended the deadline for transfer of shares of listed companies only in dematerialised (demat) form to April 1.
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The Reserve Bank on Friday said online filing of foreign currency transfer of shares will be operational from Monday next week to facilitate reporting of transactions under foreign direct investment.
The government has initiated proceedings against a foreign company as well as its Indian group firm for tax demand of as much as Rs 10,247 crore, Minister of State for Finance Jayant Sinha said in Parliament Friday.
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