Tax
TMT
Govt orders Zomato to pay $95 mn in taxes, fines
India's tax department has ordered Zomato to pay 8.04 billion rupees ($94.8 million) in taxes and fines for non-payment of ......
Economy
Budget 2024: How capital gains tax changes, scrapping indexation benefit affect PE/VC funds
The 2024-25 budget has brought significant changes to the capital gains tax framework, including removal of indexation benefits on sale ......
Finance
Budget 2023: Investors seek ease in AIF compliance, tax reforms
Startup investors are seeking relief on multiple grounds in the upcoming Budget, with an expectation of getting more investment in ......
Finance
Clear expands in GCC region, adds over 200 customers
Online taxation platform Clear (erstwhile ClearTax) is expanding in its presence in the Gulf Cooperation Council (GCC) region. Clear, which launched ......
TMT
Indian gaming platforms sprint ahead despite regulatory, tax hurdles
A looming threat of bans and increased taxation may stem the growth of online gaming firms in India. These firms, ......
TMT
Investors press for formalizing tax on PE profits
Private investors will lobby the recently empanelled private equity and venture capital expert committee to formalize a tax code on ......
Finance
Clear buys compliance management software CimplyFive
Online taxation software provider Clear (erstwhile ClearTax) has acquired cloud-based financial solutions company, CimplyFive in an all-cash deal for an ......
Finance
India joins global consensus framework to tax multinational firms
India has joined a global consensus framework deal to tax multinational companies, the government said on Friday, an effort backed ......
Finance
Watch: PwC India execs hail big positives from Budget 2021
The Union Budget presented by Finance Minister Nirmala Sitharaman has received a positive response from members of India’s investment ecosystem ......
TMT
Budget 2021: Added OPC, tax holiday, MSME benefits for startups
In a significant boost to startups, finance minister Nirmala Sitharaman on Monday said the government proposes to incentivize the incorporation ......