The interest on loan provided by shareholders is disallowed if the interest paid on loans exceeding three times the equity contribution by the shareholder i.e. exceeds debt-to-equity ratio of 3:1. The excess of interest is treated as dividend in the hands of the shareholders.
On 21 March 2023, the French Senate approved the draft law for the ratification of the pending social security agreement with Serbia. The agreement...
Russia has published Federal Law No. 59-FZ of 18 March 2023, which provides for the ratification of the pending pension agreement with Azerbaijan....
Italy published the Decree of 28 February 2023 from the Ministry of Labor and Social Policies in the Official Gazette on 18 March 2023. The decree...
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