Tag: Roundtripping

Explained:What is Round Tripping?

News:Supreme Court has rejected the Income Tax department notice against a News Channel alleging round tripping of money. Facts: Round tripping refers to money that leaves the country through various channels and makes its way back into the country often as foreign investment. Reasons:There are various reasons that promote round tripping.Mainly, Tax concessions allowed in… Continue reading Explained:What is Round Tripping?