I-T officials investigating Jane Street for tax treaty breach;...

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I-T officials investigating Jane Street for tax treaty breach; Singapore link under scrutiny: Report

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Indian tax authorities are investigating Jane Street for potential tax treaty violations, suspecting the firm routed profits from Indian derivative trades through Singapore entities. This inquiry follows SEBI's earlier action against Jane Street for alleged market manipulation. Officials are examining if the firm circumvented tax laws by leveraging the India-Singapore Double Taxation Avoidance Agreement.

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