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Unicorn IPOs may bring tax woes for early investors
Some of the large investors in unicorns that are being listed on the capital markets could face tax complications on the issuance of bonus shares and may end up coughing up capital gains tax sans grandfathering benefit.Â
Staff at unicorns on the horns of a dilemma over ESOP gains tax
Employees with stock options in unicorns are facing a tax dilemma as valuations surge. The quandary is whether they should exercise
Budget 2022: Top 5 Tax Changes
Tax on income from virtual assets, a perpetual amnesty scheme of sorts for unreported income, cap on the surcharge on long term capital gains, end date for concessional rate of tax on dividend received from foreign companies…
Tax incentive for startups increased by one year, says FM Sitharaman
Tax incentives for startups operating in India will be increased from three to four years from the date of incorporation, Indian finance minister Nirmala Sitharaman said while presenting the Union Budget for the fiscal year 2022-23.
Kubota to invest over Rs 9,400 crore in Escorts to become a majority promoter
In an intricate deal, the Japanese tractor major Kubota Corporation will invest up to Rs 9400 crore to become the majority stakeholder in India’s fourth-largest tractor maker, Escorts, the two companies said.
