Friday, February 17, 2023

Stock investment firms eye tax relief on foreign equity purchase; Indian-American Neal Mohan is new YouTube CEO

New-age stock investing platforms are planning to write to the government seeking exemption for foreign equity investment use cases from the new TCS regime wherein the tax collected at source (TCS) will go up sharply to 20% from 5% as suggested in the Budget 2023-24 proposals. We have this and more in today’s edition of the ETtech Morning Dispatch.

from Tech-Economic Times https://ift.tt/zX2k4qp
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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...