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Angel tax: Experts suggest safe harbour for investment via convertible preference shares tooThe Central Board of Direct Taxes (CBDT) on May 26 issued draft rules providing more flexibility for valuation of equity investments made i...
VC funds plan to approach IT dept on angel tax exemption listAs per a government notification, sovereign wealth funds, pension funds and Sebi-registered portfolio investors from 21 jurisdictions will ...
Some betting apps continue advertising despite ban; fintechs push for decentralised KYC regimeHappy Friday. A bunch of gaming and getting firms continue operations and ads across online platforms despite a government ban. This and mo...
Scoop: Tiger Global’s big bet on IPL; Binny Bansal eyes stake in volleyball team Bengaluru TorpedoesHappy Monday. Global funds and individual investors are all lining up funds for professional sports clubs, a new and emerging trend that we...
For VCs, renewed angel tax kills devil in detailsInvestors laud clarity on tax incidence, say it stops arbitrary application
Budget 2023 SpecialUnion Finance Minister Nirmala Sitharaman on Wednesday announced a slew of measures to support the tech and startup ecosystem during Budget...
FPIs, foreign VCs pin hopes on tax residency proof to avoid hitThe adequacy of TRC has often been questioned by the Income tax (I-T) department on the grounds that investing entities were mere dummies s...
I-T could still tax angels to invest in startupsWith a few key issues still unresolved, experts say government’s startup tax initiatives still leave the door open for taxman.
Angel tax: New startups may look to register overseasSeveral early-stage investors have started seeing a movement of startups to overseas jurisdictions though concrete numbers on the impact of...
As valuations plunge, startups asked to shell out more in taxThe Income Tax department has issued such orders or adjustments in about 100 cases across India between November 30 and December 15, accord...
Budget 2016: Full text of Finance Minister Arun Jaitley's speechJaitley presented his third budget which took on the fiscal and physical health of the nation by setting the fiscal deficit target at 3.5% ...
Seven top startup expectations from Budget 2015There are about 12 different ministries running their own skill development and startup programmes and there is an urgent need to consolida...
Budget 2013 to reduce bottlenecks faced by FIIs and MFs, but positive impact negatedBudget contains a slew of measures to reduce procedural bottlenecks faced by FIIs and MFs, though the positive impact of these has been neg...