ByteDance under govt scrutiny for data collection by TikTok, Helo

Payal Ganguly

In a three-page letter issued to short video app TikTok and language chat app Helo, the ministry of electronics and information ....

18 July, 2019

LocalCircles seeks crackdown on 'gift' channel imports by cross-border ecommerce players

Payal Ganguly

Citizen engagement platform LocalCircles has written to the Central Board of Indirect Taxes and Customs to enforce laws at all ....

15 July, 2019
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Policy Wrap: Piyush Goyal says no ecommerce watchdog; zero MDR spooks fintechs

Payal Ganguly

While, payments companies continued to distress over finance minister Nirmala Sitharaman’s Budget 2019 proposal to levy ....

12 July, 2019

Payments Council says zero MDR will be bad for fintechs

Payal Ganguly

The Payments Council of India (PCI), an industry body representing over 100 payments and settlement systems, has said that the ....

9 July, 2019

Imposition of tax on share buybacks disincentive for IT sector: report

Om Athavale

The imposition of 20% tax on distributed income for  buyback of equity shares is effectively an alternate form of income ....

8 July, 2019

‘Sourcing’ may end for foreign single-brand retail; KKR, Baring PE Asia circle CitiusTech: Reports

Tanmay Tiwary

In order to attract more foreign capital from firms such as Apple, the central government may do away with the local-sourcing ....

8 July, 2019
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Budget 2019: No clarity on ‘angel tax’; committee to look at pending cases

Team TC

Even as the startup ecosystem hoped that the scourge of ‘angel tax’ will be done away with, the government’s ....

5 July, 2019

Budget 2019: Rs 1.5 lakh tax relief on loans to buy EVs, GST may be reduced to 5%

Team TC

Presenting her first budget today, Finance Minister Nirmala Sitharaman offered a tax incentive of Rs 1.5 lakh on the interest ....

5 July, 2019

Budget 2019: AI, IoT, other frontier technologies find focus in govt’s reskilling initiative

Team TC

Finance minister Nirmala Sitharaman has announced that the government will initiate plans to skill 10 million people in emerging ....

5 July, 2019

Budget 2019: Reactions from startups, angel investors and venture capitalists

Team TC

From the dreaded ‘Angel Tax’ to sops for electric vehicles, a host of measures that have a bearing on startups found ....

5 July, 2019
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Budget 2019: Startups want easier taxation norms, KYC rules

Team TC

Ahead of the first annual budget of Modi 2.0, emerging technology companies across sectors and startups in the Indian ecosystem ....

4 July, 2019

Compile central database to benefit citizens, but protect privacy: Economic Survey

Anirban Ghoshal

The Economic Survey of 2019 has recommended the creation of a central database with a strong privacy framework that could benefit ....

4 July, 2019

Google-backed initiative for training law enforcement agencies in cyber-crime investigation concludes in Delhi

Om Athavale

The Data Security Council of India (DSCI) announced that it has collaborated with the Cyber Peace Foundation with the support ....

4 July, 2019

Budget 2019: R&D, talent development investments must be incentivised, says Nasscom

Anirban Ghoshal

The National Association of Software and Services Companies (Nasscom), the lobby of the software industry, has suggested that ....

4 July, 2019

Delhi HC seeks comments from Reserve Bank, ED on PIL against PayPal

Payal Ganguly

The Delhi High Court has issued notices to the Reserve Bank of India (RBI), the Enforcement Directorate (ED) and Paypal Payments ....

4 July, 2019

US Congress asks Facebook to pause Libra; UK regulator proposes ban on crypto-derivatives

Vignesh Ananthraj

Facebook seems to be getting a lot of tough questions just weeks after it announced that it would be launching its own cryptocurrency, ....

4 July, 2019

Flipkart says compliant with FDI rules; Tencent, Paytm may invest in MX Player

Payal Ganguly

Flipkart chief executive Kalyan Krishnamurthy said that the Walmart-backed e-commerce platform was compliant with the foreign ....

3 July, 2019

In run-up to Budget, Assocham urges govt to cut corporate tax, ensure liquidity for NBFCs

Shweta Sharma

The government must provide investment incentives and cut corporate tax rates, and, together with the Reserve Bank of India (RBI) ....

1 July, 2019

Policy Wrap: SEBI norms for startups to issue DVRs; RBI clarifies data storage rules

Payal Ganguly

This week, the capital market regulator allowed initial public offerings (IPOs) for tech firms that have issued shares with superior ....

28 June, 2019

Despite relief from govt, angel tax comes back to bite startups

Payal Ganguly

Despite 702 startups being granted exemption letters by the Central Board of Direct taxes, the so-called angel tax is back to ....

27 June, 2019

Payments data processed abroad must be stored in India: RBI

Payal Ganguly

The Reserve Bank of India (RBI) on Wednesday said that all data related to payments must be stored only in India and data processed ....

26 June, 2019