Tag Archives: Value

Income Tax Scare For Startups For Issuing Preference Shares At A Premium Over Fair Market Value; Tax Experts Also Under Scanner For Valuation Of Startups

In a tax scare for startups, the Income Tax department has sent notices to startups and unlisted subsidiaries of some major Indian companies and multinationals for raising funds through preference shares in excess of what it considers the fair market value. The department has sent notices to about 200 entities under Section 56(2)(vii)(b) of the Income Tax Act, 1961, in ... Read More »

Families could see up to half the value of their home put at risk under ‘dementia tax’

Ministers refused yesterday to rule out that the cap could be as high as £200,000 or £300,000 Families could see up to half the value of their home put at risk under the Conservative’s plans for a cap on their controversial “dementia tax”, according to Liberal Democrat research. Theresa May is under pressure to spell out exactly how much pensioners ... Read More »

Qualcomm to Buy NXP Semiconductors for Enterprise Value of $47 Billion

Qualcomm Inc said on Thursday it had agreed to buy NXP Semiconductors NV for an enterprise value of about $47 billion (roughly Rs. 3,14,208 crores), as it seeks to expand the reach of its chips from phones to cars. Qualcomm said it would offer $110 per share in cash, a premium of 11.5 percent to NXP Semiconductor’s Wednesday’s close. The ... Read More »

HDFC Bank, 7 Other Firms Add Rs 57,965 Crore To Market Value

New Delhi: Combined market valuation of eight of the top ten most valued Indian companies surged by Rs 57,965.56 crore during the week ended July 15, amid a positive broader market trend. Barring Infosys and Sun Pharma, the rest of eight companies saw a jump in their market capitalisation (M-Cap) for the week. The M-Cap of HDFC Bank, which was ... Read More »