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PhonePe CEO Sameer Nigam recently said that its investors had to pay a whopping INR 8,000 Cr in taxes due to domicile shifting to India

United statesUnited arab emiratesBritish virgin islandsNirmala sitharamanSameer nigamTv mohandas paiManeet pal singhIp pasricha coBangalore chamberExodus of indian startupsTax deductedAarin capital partnersFinance minister nirmala sitharamanWoes of phonepeIncome tax actGeneral atlantic