Many mid-scale companies, especially in the mine and metals segment, are going back to the drawing board and analysing how the recent proposal
The equalisation levy has started making things costlier for Indian consumers. Apple is passing on the 2% equalisation levy, aside from 18% goods
It’s a taxman versus internet majors standoff — companies such as Google, Facebook, LinkedIn haven’t paid the April-June quarter’s 2% equalisation levy that
The relaxation of preferential allotment norms will also protect companies from the threat of takeovers
While the foreign investor has a strong case, some loopholes could work in the favour of tax authorities.