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Taxman's JAARing move opens fresh debate over Mauritius treaty

The recent invocation of JAAR, a GAAR-type tool in the armoury of the taxman, in a certain case has stunned many. Even though technically the tax department has the power to invoke JAAR, the recent move was entirely unforeseen following the CBDT assurance and subsequent change in the law to spare grandfathered shares from GAAR.

Taxman's JAARing move opens fresh debate over Mauritius treaty

We haven't written up this one. The Economic Times - Economy has the full story — the link below goes straight to it.

Read the original at economictimes.indiatimes.com →

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Solana's Inflation Now Decays Twice as Fast (SIMD-0550)

Originally published on xroot.dev . Solana's inflation schedule has been the same curve since 2021: start at 8% a year, shrink by 15% of itself every year, stop at 1.5%.

  • Solana's inflation schedule reduced from 15% to 30% annually
  • Change activates around year three, not six
  • Results in 27% less inflation in first three years

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