FDI from Cayman Island (Tax Haven and Rountripping)
11
Jun
Subject: Economy Context: According to the Department for Promotion of Industry and Internal Trade (DPIIT), Cayman Islands has emerged as the fifth largest investor in India, with foreign direct investment from the nation increasing over three-fold to USD 3.7 billion in 2019-20 Concept: India had received FDI worth USD one billion in 2018-19 and USD […]