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China Briefing

Double Wage Rules in China: Key Updates Under Judicial Interpretation II on Labor Disputes

Judicial Interpretation II clarifies double wage rules in China, explaining liability, exemptions, and calculation.
Tax Guru

Deeming fiction of section 50 cannot change long term assets to short term capital assets

ITAT Mumbai held that section 50 does not convert a long-term capital asset to a short-term capital asset, then the rate of tax is applicable for the transfer of a long-term capital asset has to be in ...