“Proposed reforms launched by the Prime Minister to simplify assessment and appellate process coupled with an initiative to provide pre-filled return forms to taxpayers are steps towards making the process technology-driven and easy to comply for a common person. Government has rightly increased the thresholds for appeals to be filed by the Revenue to reduce litigations. These steps may significantly improve the direct tax to GDP ratio in going forward after reforms are fully implemented.” by Kumarmanglam Vijay, Partner, J Sagar Associates
Business
Palette Brands secures nearly Dollar2 million in Pre-Series A funding led by Rockstud Capital and IPV
Bangalore, 12 June, 2024: Palette Brands (Earlier White.Inc), a next-generation consumer goods company that is building aspirational brands across high growth verticals, has raised close to $2 million in a Pre-series A round. The round […]
Business
Quote for National Startup Day | Rubix Data Sciences
Quote from Mohan Ramaswamy, Co-Founder & Chief Executive Officer at Rubix Data Sciences The past year has been a difficult one for start-ups the world over, and the Indian experience has been no different. Funding […]
Business
Union Budget Reaction: Rohitashwa Prasad, Partner, J Sagar Associates on Disinvestment target by FM
“For FY 21, the GoI had set a very high disinvestment target of Rs. 2.1 lakh crore, which, in the backdrop of the disruptions caused by the Covid pandemic proved too ambitious to realise. The […]