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CA Dipika Pathak

Partner at D P S A &... • 10m

𝗪𝗵𝘆 𝗨𝗻𝗶𝗰𝗼𝗿𝗻𝘀 𝗮𝗿𝗲 𝗦𝗵𝗶𝗳𝘁𝗶𝗻𝗴 𝗧𝗵𝗲𝗶𝗿 𝗗𝗼𝗺𝗶𝗰𝗶𝗹𝗲 𝗕𝗮𝗰𝗸 𝘁𝗼 𝗜𝗻𝗱𝗶𝗮 ?? Recently, unicorn Groww completed its reverse flip, shifting its domicile to India from the U S. accounting for around $60 Mn-$70 Mn (approx. INR 500-580 crores) in tax for the same. The hype in the news was undeniable. However, the question remains: why did they shift base and enter into paying such a significant amount of taxes? The article has been divided into 5 parts Read full article at https://www.linkedin.com/posts/ca-dipika-pathak-14104a119_dpsa-reverseflipping-merger-activity-7202192258626953216-jQb8?utm_source=share&utm_medium=member_desktop

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