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RBI’s auto debit rule could cause tax woes for fintech startups Mumbai: The Reserve Bank of India's (RBI) auto debit rule could bring tax complications for fintech companies that have set up platforms for banks to integrate with a common e-mandate platform to ensure compliance. Fintech companies run the risk of attracting a 2% equalisation
The Supreme Court has ruled that the 'Most Favoured Nation' (MFN) clause in tax treaties does not automatically apply and requires a separate notifica
India Business News: Mumbai: In a big win for the revenue authorities, the Supreme Court of India (SC) has held that the provisions of the ‘Most Favoured Nation’ (MFN) cla.
A founder who is in the middle of raising a down round said the threat of getting I-T notices has gone up especially after the government brought overseas funds under ‘angel tax, or Section 56(2)(viib) of the Income-Tax Act, 1961, from 2023-24.
The collapse of SVB is just an example of a larger problem within the US banking industry.