Foreign funding in local startups is now subject to an ‘owner tax’
credit score: 123RF.com Indian startups that increase capital from international traders comparable to Sequoia Capital, SoftBank, Prosus, Tiger World, Carlyle, KKR and Blackstone will now must pay an ‘proprietor tax’, a transfer that won’t solely negatively have an effect on financing but additionally Extra startups to find overseas. Asserting the federation’s price range on Tuesday, … Read more