Indian startups raise $240.85 million this week, Bengaluru leads in funding deals
During the week, 30 Indian startups secured a total of $240.85 million in funding including five growth-stage investments and 20 early-stage rounds.
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Budget 2025 leaves NRIs with a more complicated financial future
The Union Budget 2025 tightens tax regulations for NRIs, including students and professionals abroad, increasing scrutiny on foreign income, residency status, and financial transfers. Expanded reporting requirements and potential tax treaty revisions may lead to higher compliance burdens and risks…
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Volkswagen sues India to quash ‘enormous’ $1.4 bn tax demand, legal filing shows
Volkswagen has challenged a $1.4 billion tax demand by Indian authorities, arguing it contradicts New Delhi’s car part import taxation rules. The dispute jeopardizes Volkswagen’s $1.5 billion investments in India. Authorities allege the company imported cars in unassembled parts to…
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2050 is just 25 years away, is it time to Budget for India’s declining population?
India and other nations face significant economic and social challenges as birth rates decline dramatically, leading to aging populations and fewer young workers. The global fertility rate has plummeted since 1950, and major economies like China and Japan will see…
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India grows faster, yet has miles to go to beat China’s trillions
India is projected to add $383 billion to its GDP in 2025, a significant single-year increase. Despite this growth and a higher growth rate compared to China, India’s GDP will still lag far behind China’s $1.26 trillion addition due to…
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Why should the salaried pay all the tax? A case for taxing India’s richest ‘anna daatas’
Wealthy farmers in India, earning over Rs 15 lakh annually, represent 2.8% of rural households but are not taxed, unlike salaried professionals. Despite significant income and assets, they remain outside the tax net. Approximately 45% benefit from government schemes, raising…
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