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PEs, VCs mull recast to get around GST on carry fee

Synopsis
Fund managers tend to earn millions in carry fees when they invest the money of PE or VC funds and also when they exit such investments. A quick resolution of this issue is needed, tax experts say, since it could also lead to transfer pricing complications.
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Top private equity (PE) and venture capital (VC) funds are a worried lot.
PE and VC funds – looking to resolve the issue of indirect tax on the carry fee earned by managers are trying to create a step-down entity that will act as a buffer to absorb the charge before passing it on to the main firm. ....

Abhishek Rastogi , Partner At Khaitan Co , Services Tax , அபிஷேக் ரஸ்டோகி , கூட்டாளர் இல் கைதன் இணை , சேவைகள் வரி ,

Four Years And Counting: Wait For The Data Protection Law

Four Years And Counting: Wait For The Data Protection Law
bloombergquint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloombergquint.com Daily Mail and Mail on Sunday newspapers.

Ashwini Vaishnaw , Manish Tewari , Ajay Bhatt , Raman Chima , Lok Sabha , Rajeev Chandrasekhar , Justice Srikrishna , Supratim Chakraborty , Ravi Shankar Prasad , Jairam Ramesh , Chakshu Roy , Bhupender Yadav , Meenakshi Lekhi , Data Protection Authority , It Ministry , Partner At Khaitan Co , Modi Council Of Ministers , Parliamentary Committee , Congress Party Jairam Ramesh , Committee On Personal Data Protection , Khaitan Co , Ministry Of Information , Joint Parliamentary Committee , House Chakshu Roy , Protection Law , Personal Data Protection Bill ,

Shaping India's Bad Bank

Shaping India's Bad Bank
businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.

United Kingdom , South Korea , Nirmala Sitharaman , Siby Antony , Ajay Jhaveri , Ashwin Bishnoi , Aifs In Gujarat International Finance Tec , Bad Bank , Canara Bank , Partner At Khaitan Co , Business Restructuring Services , Department Of Supervision , Korea Asset Management Corporation , Asset Management Company , National Company Law Tribunal , China Huarong Asset Management Co , Bhuta Shah Co , National Asset Reconstruction Company Ltd , East Asian , National Asset Reconstruction Company , Reserve Bank , Bankruptcy Code , Minister Nirmala Sitharaman , Bhuta Shah , Essar Steel , Sundaresh Bhat ,

Morning Brief: Goodbye, WFH? With corporate vaccinations going up and a dip in second wave, some bosses want an end to remote working

Morning Brief: Goodbye, WFH? With corporate vaccinations going up and a dip in second wave, some bosses want an end to remote working
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

Anshul Prakash , Micheal Gary Scott , Pankaj Bansal , Saumya Bhattacharya , Partner At Khaitan Co , Office Title Song , People Strong , Youtube Channel , அன்ஷுல் பிரகாஷ் , மைக்கேல் கேரி ஸ்காட் , பங்கஜ் பன்சால் , ச Um ம்யா பட்டாச்சார்யா , கூட்டாளர் இல் கைதன் இணை , மக்கள் வலுவான , வலைஒளி சேனல் ,

GST council may do away with tax on oxygen concentrators, but only prospectively: Sources

Currently imported oxygen concentrators attract 12% IGST. Many states have been pushing for doing away with the IGST on imported oxygen concentrators by individuals after recent court ruling. ....

Nirmala Sitharaman , Abhisheka Rastogi , Partner At Khaitan Co , Services Tax , Delhi High Court , Integrated Goods , Minister Nirmala Sitharaman , Gst Council , அபிஷேக ரஸ்டோகி , கூட்டாளர் இல் கைதன் இணை , சேவைகள் வரி , டெல்ஹி உயர் நீதிமன்றம் , ஒருங்கிணைந்த பொருட்கள் , க்ஸ்ட் சபை ,