Nangia Co

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Flipkart-Walmart deal: Sachin, Binny Bansal's stake sales could attract 20% capital gains tax, say experts
Business

Flipkart-Walmart deal: Sachin, Binny Bansal's stake sales could attract 20% capital gains tax, say experts

Walmart is likely to buy stakes of multiple Flipkart investors, including that of Tiger Global and Japanese conglomerate Softbank, to end up with a 60-80 percent holding for roughly $12 billion.

GST to be simple with 1% additional tax removal, say experts
Business

GST to be simple with 1% additional tax removal, say experts

The Goods and Services Tax (GST) seeks to replace a slew of Centre taxes and levies in 29 states, transforming the nation into a customs union.