New York — In an exclusive email interview with CNN’s Puneet Wadhwa, Rashesh Shah, Chairman of the Edelweiss Group, offered insights into India’s recent budgetary measures, foreign investment climate, and evolving economic strategies. Shah’s comments shed light on how the recent changes in capital gains tax and other economic policies may influence investment behavior and the broader…
In an article by Anees Hussain dated July 25, 2024, titled “Esop sale: No tax worries for startup employees,” it was emphasized that recent changes in taxation laws related to share buybacks announced in the Union Budget will not significantly impact startup employees. The amendment, effective from October 1, treats share buybacks akin to dividend income, shifting the tax liability to…
