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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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Bata India aims expansion, to prioritise top 6 brands

The company's retail network now spans over 1,850 stores, including over 500 franchise stores, 650 plus sneaker studiosNew Delhi:...
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