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Global Shift Expedition Program Participants From Skolkovo School Of Management Visit India

The trading turnover between India and Russia has increased by almost 2,5 times in 2022. ....

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Open acquires consumer neo-banking platform Finin in $10 million deal

Open Financial Technologies has acquired consumer neo-banking startup Finin for $10 million in a cash-and-stock deal. ....

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Google-backed neobank Open acquires Finin for $10 million – TechCrunch

Open has acquired consumer neo-banking startup Finin for $10 million as the Bangalore-based, Google-backed business-focused neobanking platform looks to broaden its offerings and deepen relationships with banks. The deal involves both cash and stock, the two said. Launched in 2019, Finin is among the first consumer-focused neobanking startups in India. The startup, which had raised […] ....

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Bengaluru-Based Open Acquires Neo-Banking Startup Finin For $10 Mn

Open Financial Technologies has acquired consumer neo-banking startup Finin for $10 Mn in a cash-and-stock deal. ....

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Doubling tax audit limit to boost ease of doing biz - The Hindu BusinessLine

Doubling tax audit limit to boost ease of doing biz
February 02, 2021
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The government has changed the definition of small companies by increasing their thresholds for paid-up capital to ₹2 crore from ₹50 lakh and the turnover limit to ₹20 crore from ₹2 crore. The FM said this will benefit over over two lakh companies in easing their compliance requirements.
Bhushan Parekh, Director, SME Solutions, said doubling the tax audit limit to ₹10 crore will improve ease of doing business for micro and small enterprises. This will also boost digital payments.
The four times increase in the paid-up capital threshold of small companies to ₹2 crore and turnover by ten times to ₹20 crore will ease their compliance and procedural burden, he added. ....

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