Hey I am on Medialย โขย 1y
One of the biggest reasons for this is that capital gains tax in India is close to 42%. During secondaries founders get half their money so a place like singapore makes more sense. During IPO everyone will definitely flip back.
Hey I am on Medialย โขย 1y
During a BSE event held in Mumbai on Tuesday, Finance Minister Nirmala Sitharaman faced tough questions from a stockbroker regarding the heavy taxation regime in India. A video of Sitharaman facing criticism from a stock market broker has gone viral.
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Hey I am on Medialย โขย 1y
40% Indian unicorns arenโt actually Indian Razorpay is planning a โBharat Wapsi' from US that could cost them around $300 in taxes. Today, I wanted to explain the process, Infamously called a "reverse flip". - PhonePe and Zepto might have to pay ov
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This year - IPO fundraise has picked up pace with 60 companies listing so far and raising โน63,985 crore (+29% over 2023). ๐SEBI's report on Investor Behaviour in IPOs is an interesting reveal - - High Flipping Rate: Overall around 54% of IPO shares
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Believe me, itโs not...ย โขย 1y
Indian startups are Reverse Flipping. Many startups incorporate in countries like Singapore, Mauritius, the US (primarily for SaaS), or the Cayman Islands for several reasons: - Ease of doing business - Tax incentives - Better funding opportunities
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Shares of online brokerage platform Groww remain under pressure for the second straight trading session after the finance minister Nirmala Sitharaman proposed hiking securities transacation tax (STT) on F&O derivatives during her ninth Budget speech
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Founder And CEO Of F...ย โขย 1y
This Penny Stock "Standard Capital Markets' Share Surges Post Fundraising Completion; Penny Stock Still Under โน2" "Standard Capital Markets Ltd Gains 4-5% in Early Trade on Thursday After Completing Fundraising; Stock Remains Under โน2" Penny Stock
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Finsharkย โขย 1y
If you invest โน1 crore in a mutual fund with an expected 12% annual return, your withdrawals will impact the fundโs longevity as follows: Withdrawing โน2,50,000 per month will exhaust the fund in 4.25 years. Withdrawing โน2,00,000 per month will e
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Ola Electric shared its financial update today this time the company saw a bigger loss around โน428 crore compared to โน347 crore during the same time last year even the operating revenue took a hit falling by nearly half this year it came down to โน828
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Zomato Hit With Rs. 800 Crore Tax Demand by GST Authorities By Applyly December 13, 2024 Zomato faces a Rs. 803.4 crore tax demand from GST authorities. The demand covers 29 October 2019 to 31 March 2022. It includes Rs. 401 crore in tax and equal in
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