India Inc seeks resolution of other retro tax issues
As India plans to rescind the indirect transfer of assets amendment, several companies have reached out to the government seeking similar reprieve from other changes
August 11, 2021
India is reportedly mulling over a new crypto tax which could make trading on foreign exchanges more expensive
Trading on crypto exchanges that aren’t based in India may get more expensive with the country’s regulator mulling over a 2% equalisation levy on crypto transactions…
June 22, 2021
Equalisation levy may make purchasing cryptocurrencies from overseas exchanges more expensive
The tax department is reportedly examining whether the 2 percent levy is applicable on cryptocurrency assets bought online by Indians from overseas exchange
June 22, 2021
Twitter, Facebook, Google staring at higher tax bills under India IT rules
Big Tech companies fear that appointing nodal officers, as mandated by India’s revised IT rules, will have a domino effect and result in 25-42% income
June 21, 2021
Sebi plans to build a dedicated framework for SPACs in India
To allow SPACs in India, Sebi has to either introduce a separate law or amend current regulations to allow listing of ‘non-operating’ or ‘investment’ companies,
June 15, 2021
Indian regulator running to catch the SPAC bus
With Asian bourses from Tokyo to Singapore amending their rules to allow the listing of Special Purpose Acquisition Companies (SPACs), India is also trying not
June 15, 2021
