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In The Media

- 14, Jun 2021

Angel Tax In India: Everything You Need To Know

More commonly called as Angel Tax in the start-up world, it is the tax levied under Section 56(2)(viib) of the Income Tax Act 1961 (“the Act”), on the capital raised by privately held companies via the issue of shares to...

- 28, May 2021

GST Council meet begins, tax rate cut on COVID essentials, compensation to states on agenda

Divakar Vijayasarathy, Founder & Managing Partner, DVS Advisors LLP, said the GST Council are meeting after a gap of seven months. This comes in the backdrop of a lot of States raising the issue of non-convening of the meeting for...

- 28, May 2021

GST Council Meeting Updates: Exemption on Imported COVID-Related Supplies Till August 31; Amnesty Scheme and More

GST Council Meeting Updates: Union finance minister Nirmala Sitharaman chaired the Goods and Services Tax (GST) Council meeting on Friday, after a gap of seven months. With the second wave of coronavirus pandemic ravaging the country, several states urged a...

- 21, May 2021

Central govt stares at dip in revenue collections

Though there could be a drop in the GST collection of May and June, it would still continue to be around the ₹1 trillion mark, said Divakar Vijayasarathy, founder and managing partner of consultant DVS Advisors LLP.

- 19, May 2021

RBI permitting India Inc to set up funds in GIFT City a big boost to IFSC

“In the case of sponsor contributions to AIF in IFSC, the regulations specify only the minimum contribution and there is no cap on the maximum contribution. If the provision of investment through automatic route apply only for the minimum contribution or...

- 11, May 2021

Drawing foreign investors

GIFT City is set to put India on the global financial map In the backdrop of the country’s rapid financial growth and robust projections, the GIFT City financial and technology gateway assumes great significance. Formed by Gujarat International Finance Tec-City...

- 24, Apr 2021

Preserve Your Wealth, Ring-Fence Them with Trust

India has witnessed a manifold increase in both the number and the wealth of High Net-Worth Individuals (HNIs). Forbes’ rich list for India of March 2020 named 102 billionaires—individuals or families with a combined wealth of more than $300 billion....

- 17, Apr 2021

Privatisation push: Centre considers bringing PSBs under Companies Act

The government is considering bringing public sector banks (PSBs) under the Companies Act to enable the privatisation of two state-owned banks, as announced in the Budget.

- 17, Apr 2021

Returning to office was like getting oxygen back for DVS Advisors LLP founder

Divakar Vijayasarathy Founder and Managing Partner of DVS Advisors LLP's office is about 10 minutes drive from home and usually drives with his chauffer.

- 07, Apr 2021

RBI Monetary Policy HIGHLIGHTS: No repo rate cut for 5th straight MPC; maintain accommodative stance

Reserve Bank of India (RBI) has kept the policy rate unchanged at 4 per cent and voted unanimously to maintain the status quo with an accommodative stance. The reverse repo rate remained unchanged at 3.5 per cent, and the marginal...

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