Nikunj Ohri
Stories by Nikunj Ohri
India’s financial crime agency hasn’t found forex breaches at Paytm unit yet
Paytm Payments Bank secured a 15-day extension for its wind-down to March 15 from the RBI.
India probing Paytm over forex violations; $2.5b wiped off company’s value
Paytm said allegations of FEMA violations were “unfounded and factually incorrect”.
India considering proposal to include EVs in priority sector lending
This would reduce the cost of finance and lead to their wider adoption.
India weighs import tax cuts if EV makers commit to some local manufacturing
Automakers may be allowed to import fully-built EVs into India at as low as 15% tax.
India extends partial tax relief to online gaming firms
Last month, India decided to impose a 28% tax on funds collect by gaming firms.
Indian tax authorities investigate Chinese carmaker BYD
BYD allegedly paid too little tax on imported parts for its cars sold in India.
India’s gaming tax will jeopardise $4b in potential investments: Peak XV, Tiger Global, others
Tiger Global and Peak XV have invested in gaming companies such as Dream11 and MPL.
India to impose 28% tax on turnover of online gaming companies
Foreign investors such as Tiger Global and Sequoia Capital have backed Indian gaming startups.
India may cut solar panel import tax to make up domestic shortfall
India imposed the 40% solar panel import tax in April 2022 and a 25% tax on solar cells
BYJU’S CEO assures firm’s compliance after raids over alleged forex law violations
Byju's is one of India's biggest startups, once valued at $22 billion.
