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Articles In Newspapers & Journals

SEBI moves to ease corporate insolvency resolution process – Sumit Naib

Corporate insolvency resolution process (CIRP) in India will get a boost with SEBI now amending its ‘Takeover Code’ to remove capital infusion hurdles in companies with approved resolution plans under the Insolvency and Bankruptcy Code (IBC). The latest change will enable acquirers of shares under approved resolution plan to go beyond the maximum permissible non-public shareholding, that is, 75 per cent. Sumit Naib shares his views on SEBI moves to ease corporate insolvency resolution process for Hindu Business Line- Front page/First story.   sebi-moves-to-ease-corporate-insolvency-resolution-process
Articles In Newspapers & Journals

Five income tax notices you can get and what they mean – Shailesh Kumar

The last date for filing returns for AY17 and AY18 was 31 March 2018. According to the income tax department, there is substantial increase in the numbers of registered users on its e-filing portal, which has translated into more returns filed. As on 30 April 2018, there were about 73.9 million registered users on the e-filing portal and about 67.5 million people e-filed their returns during financial year (FY) 2017-18.  
  1. Shailesh Kumar, Director shares his views on Five income tax notices you can get and what they mean for
Five income tax notices you can get and what they mean
Five income tax notices you can get and what they mean
Articles In Newspapers & Journals

Angel investors in start-ups get I-T exemption, effective April 11 – Amit Agarwal

On a recent circular, The tax department exempted angel investors from income tax on their investments in start-ups with effect from April 11. The tax concessions are subject to certain conditions laid down by the Department of Industrial Policy and Promotion last month, which said that the share capital and share premium of the start-up should not exceed Rs 10 crore after such investments. Amit Agarwal, Partner shares his views on aforementioned story for PTI. (This news has been picked by 92 other news publications like Indian Express, Business Standard- front page, Hindu Business Line, Business Today etc.)angel-investors-in-start-ups-get-i-t-exemption-effective-april-11