Tag: supreme court of india

India ended the tax-free system under the India-Mauritius treaty in 2017, but Tiger Global invested in Flipkart before that. (Reuters)
Posted in Business

Tiger Global ‘Flipkart tax’ seen reshaping M&A activity at India Inc.| Business News

Over decades, foreign investors have poured $180 billion into India via the tax haven of Mauritius. Now, an Indian court ruling is spooking investors as…

Continue Reading
Walmart acquired Flipkart for $37 billion in 2018 in what is still the largest e-commerce deal in India. (Reuters)
Posted in Business

Supreme Court rules against Tiger Global in Walmart-Flipkart deal tax case| Business News

Tiger Global’s $1.6-billion stake sale in Flipkart at the time of the Walmart-Flipkart acquisition deal in 2018 is subject to tax, the Supreme Court of…

Continue Reading
Can margin trading losses on equity investments be recovered from spouse’s demat account? SC rules yes, it can be in this case
Posted in Finance

Can margin trading losses on equity investments be recovered from spouse’s demat account? SC rules yes, it can be in this case

Making a loss in equity investment is not an uncommon thing. Often, equity investment is done with leverage, where you go for short-term borrowing to…

Continue Reading
ET logo
Posted in GST

GST News: To tax at 18% or 28%? The GST Conundrum for skill gaming sector

In August 2022 the Group of Ministers (GoM) will suggest a GST regime for lottery, casino, and gaming businesses. In this article, we discuss the…

Continue Reading