Used car sales startup Spinny cut down its losses sharply in FY24 while recording a revenue rise of 14 %. This and more in today’s ETtech T...

HNIs invest in 'SAFEs' in foreign startups, sidestepping RBI and FEMA regulations. Attracted by potential returns and simpler compliance, t...

The Directorate of Enforcement is probing potential violations of forex laws linked to entities using Paytm Payments Bank. More stories aro...

ET on November 21 reported online that ED confirmed issuing showcase notices for alleged violations of the Foreign Exchange Management Act ...

The Central Board of Direct Taxes (CBDT) on May 26 issued draft rules providing more flexibility for valuation of equity investments made i...

Post the amendments proposed in the Finance Bill, concerns have been raised over the methodology of calculation of fair market value under ...

India is considering using valuation criterion established by the Foreign Exchange Management Act (FEMA) for angel tax on foreign investmen...

The Reserve Bank of India (RBI) administered Foreign Exchange Management Act (FEMA) accepts valuation by a Sebi-registered Category 1 merch...

The Income Tax Department will soon notify rules specifying the class of investors and norm of valuation for implementation of the Budget p...

While the FEMA Regulations permit an Indian company to raise capital from foreign investors at or above the fair market value of the shares...

The government in the Finance Bill this year has omitted the term ‘resident’ while referring to investors under the Section 56(2)(viib) of ...

The Finance Bill, 2023 has proposed amending Section 56(2)(viib) of the I-T Act, thereby bringing overseas investment in unlisted closely h...

A senior official said the government is examining the different valuation criteria prescribed under two separate laws which could lead to ...

The startup ecosystem lends itself to systemic risk mitigation better than it does to lowering business risk. Regulators would be well advi...

Privately held companies such as startups that issue shares to foreign investors at a premium may be subjected to additional taxation requi...

It so far covered only local investors; experts say provision may hurt fundraising

Chinese investors have emerged as the biggest backers of the country’s startup economy.