40% Indian unicorns aren’t actually Indian
Razorpay is planning a ‘Bharat 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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Anonymous 6
Stealth • 8m
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.
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.
40% Indian unicorns aren’t actually Indian
Razorpay is planning a ‘Bharat 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
This year - IPO fundraise has picked up pace with 60 companies listing so far and raising ₹63,985 crore (+29% over 2023).
📄SEBI's report on Investor Behaviour in IPOs is an interesting reveal -
- High Flipping Rate: Overall around 54% of IPO shares
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
ONE INTERESTING OBSERVATION SERIES
DAY #4
Good news and bad news on the Indian tax collection front.
Personal income tax is surging, with a near 20% increase over the past three months, suggesting that individual spending might be on the rise, ind
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3 replies6 likes
financialnews
Stealth • 2m
This Penny Stock "Standard Capital Markets' Share Surges Post Fundraising Completion; Penny Stock Still Under ₹2"
"Standard Capital Markets Ltd Gains 4-5% in Early Trade on Thursday After Completing Fundraising; Stock Remains Under ₹2"
Penny Stock
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0 replies7 likes
Applyly
Stealth • 1m
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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0 replies3 likes
Applyly
Stealth • 1m
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
See More
0 replies1 like
Applyly
Stealth • 1m
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
See More
0 replies2 likes
Havish Gupta
Stealth • 13d
I completely agree with Jeff in this.
We often just look at people's net worth and think about how much money they made. But we don't consider how much money they made for others.
For eg:
1) Sequoia's $12.5 million investment in Google in 1999, and