The country s gross GST collections hit a record high of Rs 2.10 lakh crore in April, growing 12.4 per cent year on year driven by a strong increase in domestic transactions and imports.
GST collections breach landmark milestone of Rs 2 lakh crore, the finance ministry said in a statement.
Many promoters still consider the cash in the company as their money and are averse to sharing this pie with minority investors, points out Akash Prakash.
Even as net flows into smallcap funds in March turned negative, for the first time in 30 months, they remained a big draw for new investors.
The smallcap fund category saw a net of 360,000 investment accounts, or folios, getting added last month, the second-most among all active equity categories.
Smallcap funds continued traction could be driven by their strong performance across timeframes, say experts.
The Confederation of Indian Industry (CII) on Sunday urged Indian startups to keep their valuation realistic and distinguish between the goals of the organisation and its founder. Startups may strive for long-term value creation rather than short-term valuations. The valuations of businesses should be kept as realistic as possible, CII said in its Corporate Governance Charter for Startups.