Addressing the Wealth and Capital Market Summit organised by the Indian Chamber of Commerce, Singh said SEBI would soon float a consultation paper on the proposed reforms.
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The Bengaluru-based company had closed a $114 million funding round last June led by the two investors. The new round is being negotiated at a flat valuation of $1.8 billion and could be Udaan’s last private capital raise before it…
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In the vibrant world of play, Indian board games and toys are experiencing a renaissance. Consumers are leaning towards locally inspired options, moving away from homogenized global toys. A new wave of entrepreneurs is tapping into India’s rich tapestry of…
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The Institute of Chartered Accountants of India (ICAI) is establishing an advanced forensic auditing lab in Hyderabad on a ‘pay and use’ model to empower small and medium practitioners. This initiative aims to equip smaller firms with forensic audit capabilities,…
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With the Income Tax (I-T) department questioning the tax benefits it had claimed, the Wall Street firm is understood to be working on initiating the ‘Mutually Agreed Procedure’ (MAP) — the dispute resolution mechanism under the treaty between Indian and…
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Former finance secretary Subhash Chandra Garg argues that slashing withholding tax won’t stop FPI outflows, citing a lack of profitable investment opportunities and rupee depreciation as primary drivers. He believes tax changes are a “small irritant” compared to negative investment…
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