Investment and Exit
If an foreign citizen invests in Indian startup (say in 2013) and wants to now exit in 2018. the original investment was say $100,000 or 68 lakhs. The exit happens at $200,000 in 5 years. How is the gain of 68 lakhs or $100,000 taxed and how can it be converted into USD again.
Does the investor need an indian bank account or can the company convert the proceeds and remit in USD? more
Does the investor need an indian bank account or can the company convert the proceeds and remit in USD? more
Viewed by 1861
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those who are investing are enjoying the fruits of the investments from day zero....why the amt in exit will not be taxed !!! On Mon, Jan 30, 2017 at 10:31 AM, arup ratan sit wrote: > where country is growing at a pace of 6% how Govt can charge more than > that anywhere !!!! why IT should be more than 6%. there should not be any > budget.....there should not be any accumulation of Fund. any project should > be crowd funded individually at that instant....if we are in DI. > > On Sat, Jan 28, 2017 at 5:20 PM, Ajay Shah > wrote: > >> more
Jan 30
where country is growing at a pace of 6% how Govt can charge more than that anywhere !!!! why IT should be more than 6%. there should not be any budget.....there should not be any accumulation of Fund. any project should be crowd funded individually at that instant....if we are in DI. On Sat, Jan 28, 2017 at 5:20 PM, Ajay Shah wrote: > more
Jan 30
He needs an advocate a CA also 2]The industry has to get permit for FDI[3]The exit will be smooth only if he is listed as an FDI [by RBI -through the local branches] more
Jan 29
Capital Gains are applicable. This will be Long term Capital Gains adjusted for the currency fluctuation. Who will buy the investment is unclear. more
Jan 28
its better check wirh tax consultant. I think income tax to be paid on capital gain may be at the rate of 20% on gained amt. more
Jan 28
