The introduction of the taxpayers’ charter, Income Tax Dispute Resolution Scheme, the abolishment of DDT, e-interface for appeals and assessments, the various reliefs to the MSMEs were some of the moves that are expected to spur consumption, make things easier for doing business in India. However, few provisions like the new tax regime with a … Continue reading INDIA BUDGET 2020

This report is created to give a comprehensive overview of angel tax, and also problems faced by our nascent Startup ecosystem as its consequences. More and more angel investment should happen from domestic individuals for the ecosystem to grow in real terms. Simplifying rules around Angel funding will go way in achieving that. Alok PatniaCEO … Continue reading Angel Tax – Report by Taxmantra

“INDIA is a rare moment in history.” The national budget must be balanced. The public debt mustbe reduced; the arrogance of the authorities must bemoderated and controlled. Alok PatniaCEO and Managing PartnerTaxmantra

“Even if it is a bubble, it is worthy of our collective attention. The world is changing faster than ever. The time that we are part of today is such that all of us have the capability and resources to create history. The key is to be informed and make decisions faster. We inspire our … Continue reading Virtual currencies – the worldview & India

Taxmantra.com is a professional services firm rendering business startup, fund raising, tax & regulatory compliance services to businesses & individuals in India, US, Singapore and middle east.

Startup Genome’s Global Startup Ecosystem Report declared that Singapore had unseated Silicon Valley as the number one place in the world for startup talent. TaxMantra over its 3 decades of existence has worked with 40,000+ customers to manage their taxation, regulatory compliances and due-diligence for raising external capital.

The Government is all set to roll-out the Goods and Services Tax (GST) – the biggest indirect tax reform in the history of our Constitution with effect from 01 July, 2017. GST will be a game-changing reform for the Indian economy by creating a common Indian market and reducing the cascading effect of the tax … Continue reading GST explained eBook

Is startup investment really complex? Why are most start-ups turned down? What do the Investors look for when they consider your proposition? What is Due Diligence? What is the difference between a term sheet and a shareholding agreement? This Ebook is an earnest initiative to guide through all these questions. This would not only help … Continue reading Decoding Startup Investment

In today’s financial world where investment and issue of shares have become a common phrase for talented entrepreneurs, we often come across terms such as Private Placements, Rights Issue, and Preferential allotment. So close are these words phonetically that we feel these are same. However, there are significant differences between them. If we observe them … Continue reading Private, Preferential and Rights Issue of Shares

Taxes on salary are inevitable for a certain limit but you can definitely take measures to reduce the amount of taxes paid. It may come as a surprise to you when you find larger part of your salary being deducted as taxes before you could even do anything.