Supreme Court is due to rule on whether capital gains tax applies to Tiger Global’s 2018 sale of its Flipkart stake to Walmart, a case closely watched by foreign investors for its implications on tax treaty interpretation.
Report notes that the proposal envisages a third-party export facilitation model, wherein the compliance would be managed by a dedicated export entity linked to ecommerce firms
Consumer demand for refurbished and pre-owned items in the United Kingdom and across Europe has generated a billion pound (USD 1.3 billion) industry for Amazon, according to its UK CEO. Many merchants and manufacturers expect that tendency to continue as consumers seek to save money and purchase more sustainably in response to rising pricing and […]
Chinese electronics companies OnePlus and Realme have announced their decision to halt the production and sale of televisions in India, according to a report by a leading media house published on Monday. Citing undisclosed sources, the report states that both OnePlus and Realme will continue to operate in the smartphone market within the country. This […]
The Reserve Bank of India (RBI) has released preliminary data on India’s Balance of Payments (BoP) for the first quarter (Q1) of the fiscal year 2023-24, covering the period from April to June. The data reveals significant developments and trends in India’s economic position on the global stage. One of the standout features of India’s […]
