Over 60% Growth In Total FDI Inflows In First Quarter of FY -2020-21

Recent measures taken by the India Government on the fronts of policy reforms, desterilisation of offences, investment facilitation and overall ease of business in India have resulted in increase in FDI inflows into the country. The following facts on Foreign... Read More →

Posted in Regulatory |

Weekly Funding Report (13 Sep– 18 Sep 2021)

40 Indian Start-ups raised funding in the third week of September, 32 received a total sum of about $513 million and 8 didn’t disclose the financial details Following are some key Transactions: E-sports and skill gaming platform MPL raised highest... Read More →

Posted in Transaction Advisory |

CBDT extends timelines to ease compliances in wake of Covid-19

CBDT, in continuation to address hardship being faced by various stakeholders on account of the Covid-19 pandemic, has extended timelines for compliances under the Income Tax Act, 1961 (‘the I. T. Act’) and Prohibition of Benami Property Transaction Act, 1988... Read More →

Posted in Direct Tax |

Weekly Funding Report (06 Sep– 11 Sep 2021)

47 Indian Start-ups raised funding in the second week of September, 41 received a total sum of about $767 million and 6 didn’t disclose the financial details Following are some key Transactions: Cars24 emerged as a leader in the used... Read More →

Posted in Transaction Advisory |

CBDT Extends Due Dates for Filing of Income Tax Returns and Various Reports of Audit for AY 2021-22

In the light of difficulties reported by the taxpayers and other stakeholders in filing of Income Tax Returns and various reports of audit for the Assessment Year 2021-22 under the Income-tax Act, 1961 (‘Act’), CBDT has extended due dates as... Read More →

Posted in Direct Tax |