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DPIIT-recognised startups not to face scrutiny under Angel Tax provisions of Budget 2023

The Income Tax Department had last month notified new angel tax rules for evaluating the shares issued by unlisted startups to investorsNew Delhi: Startups registered with DPIIT will not be subject to assessment proceedings relating to Angel Tax amendments...

‘Flipkart founders may be liable for 20 pc capital gains tax after stake sale to Walmart’

Flipkart founders Sachin and Binny Bansal may have to pay 20 percent capital gains tax if they sell their shares in the company as part of the proposed deal with US retail giant Walmart, say tax experts.According to a...
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Epigamia founder Rohan Mirchandani dies of cardiac arrest

Mirchandani (42), who co-founded Drums Food International in 2013, suffered a sudden cardiac arrest on Saturday.New Delhi: Founder of...
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