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Govt orders Zomato to pay $95 mn in taxes, fines

TMT

13 December, 2024

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 ......

UAE to impose 15% minimum top-up tax on large multinationals

Finance

10 December, 2024

UAE to impose 15% minimum top-up tax on large multinationals

The United Arab Emirates will impose a minimum top-up tax (DMTT) of 15% on large multinational companies operating in the ......

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Budget 2024: How capital gains tax changes, scrapping indexation benefit affect PE/VC funds

Economy

23 July, 2024

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 ......

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Budget 2023: Investors seek ease in AIF compliance, tax reforms

Finance

24 January, 2023

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 ......

Clear expands in GCC region, adds over 200 customers

Finance

02 November, 2022

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 ......

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Indian gaming platforms sprint ahead despite regulatory, tax hurdles

TMT

14 October, 2022

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, ......

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Investors press for formalizing tax on PE profits

TMT

21 September, 2022

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 ......

Clear buys compliance management software CimplyFive

Finance

06 July, 2022

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 ......

India joins global consensus framework to tax multinational firms

Finance

02 July, 2021

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 ......

Watch: PwC India execs hail big positives from Budget 2021

Finance

03 February, 2021

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 ......