Tax Officials Raid Companies Involved in Circular Trading
Nifty 50 Non-Executive and Independent Directors Received an Average Sitting Fee of Rs 60 Lakh
India with the Lowest AAA cos Rating Amongst Emerging Markets: Crisil Ratings. The amount of AAA rated companies in India is amongst the lowest as compared to the other companies in the emerging markets. Crisil believes even the companies which are rated AAA in India cannot be compared with other AAA-rated companies around the world.
Lakshmi Vilas Bank Limited Credit Ratings Slashed Under Regulation 30 (LODR)
Govt Eases Conditions and Investment Limit for Angel Tax concession to Startups. The government has made a decision to relax Angel Tax norms and increase the investment limit to INR 25 crores for availing Income Tax concessions by startups. This has come as a huge relief to startups.
A subtle change in the rule of how Goods and Services Tax (GST) should be utilized is set to generate cash flow problem for number of companies starting this month
Dunzo Raises $3.1Mn in Series C Funding