In a recent strategic move, the promoters and promoter group of GACM Technologies have announced their intention to increase their stake in the company by up to 13 per cent within the year. This decision underscores the promoters' unwavering confidence in the company’s growth potential and their commitment to enhancing shareholder value.
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The Gurugram Real Estate Regulatory Authority will verify the two-thirds consent of allottees required for changes to building plans or layouts, ensuring the sanctity of their rights under the Rera Act and preventing potential litigation. This decision aims to protect allottees' interests and facilitate smooth project implementation.
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Indian taxpayers with foreign income can claim lower tax rates under Section 90 or 91 of the Income Tax Act, 1961, through the Double Taxation Avoidance Agreement (DTAA) provisions. To claim relief, taxpayers must file an Indian income tax return and provide a tax payment or deduction certificate from the relevant foreign tax authority.
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