Friday, January 1, 2021

SaaS startups may come under tax lens for adopting flipped structure

Revenue authorities feel India is getting shortchanged as flipping results in significant value being captured outside India without corresponding taxes being paid here.

from Tech-Economic Times https://ift.tt/3pB63eH

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MDR on UPI will hit businesses, not users: FM Nirmala Sitharaman hits back at Congress' Jairam Ramesh

Sitharaman accused the opposition leader of "spreading a canard" and clarified that MDR "applies only on the merchants and no...