If you are a start-up founder in India and have secured an exit for your business, here's how you can reinvest your money to potentially save on capital gains tax.

Start-up founder? Here's how you can save on capital gains tax

China's electric vehicle major BYD is keen to have manufacturing operations in India as soon as 'all factors' suggest a 'go ahead' and the plan is under constant evaluation, according to a top official of the company's Indian arm.
Despite the political tension between India and China resulting in visa issues, the company has not felt any impact of it on its operations in the country and has also found acceptance of its products from the 'pragmatic' Indian customers, BYD India Head of Electric Passenger Vehicles (EPV) Business Rajeev Chauhan told PTI.
In an interaction on the sidelines of the Auto Expo held as part of the Bharat Mobility Global Expo 2025, he said the company, which unveiled its premium electric SUV SEALION 7, will be considering the homologation route for more models to be able to sell more vehicles in India.
"These kinds of plans, manufacturing plans are constant evaluation which we are doing...We are keen, we would love to do that as soon as all factors suggest tha

In 2023, BYD's plans to set up an EV and battery manufacturing plant in India at an investment of $1 billion Hyderabad-based Megha Engineering and Infrastructures Ltd was not approved by the govt

NCLT has directed for the liquidation of debt-ridden Tulip Hotels, as the tribunal failed to receive any bidder during its insolvency resolution process within the prescribed timeline.
On May 16, 2023, the NCLT had directed the initiation of a Corporate Insolvency Resolution Process (CIRP) against Tulip Hotels over a plea filed by Yes Bank, claiming a default of Rs 900 crore for two corporate guarantees issued by it.
Tulip Hotels was a corporate guarantor for two loans disbursed by Yes Bank to Cox & Kings and EzeeGo One Travel and Tours Ltd. After they defaulted, the financial creditor Yes Bank invoked the guarantee of Rs 450 crore each given for both loans.
However, the RP of Tulip Hotels submitted that during the prescribed timeline of 180 days, no bids (resolution plan) were submitted for Tulip Hotels during the Corporate Insolvency Resolution Process (CIRP) and the Committee of Creditor (CoC) has also passed no for extension of the period.
Hence, he was left with no other ...

Tulip Hotels was a corporate guarantor for two loans disbursed by Yes Bank to Cox & Kings and EzeeGo One Travel and Tours Ltd. after they defaulted

ISRO chairman V Narayanan on Saturday said the space-docking experiment (SpaDeX) of satellites was successful and the results will be useful for multiple purposes, including future missions like Chandrayaan 4, Gaganyaan and India's space station.
Narayanan, who arrived in Kerala after the successful space-docking test, told reporters at the airport here that it was a team effort by the ISRO and the results of the test were being reviewed.
"Right now the situation is that all the things are successfully docked and it is in space safely. Now we are studying all the results. My team is reviewing the results and we will take the proper decision at the proper time," he said.
The scientist further said that the docking experiment would be useful for multiple purposes.
Giving details, he said that it will be useful for the Chandrayaan 4 mission as two rockets will be used to carry to space the over 9,000 kg module that will subsequently land on the moon for sample collection.
He said tha

Narayanan, who arrived in Kerala after the successful space-docking test, told reporters at the airport here that it was a team effort by the Isro and the results of the test were being reviewed

Apple is suspending an error-prone feature that used artificial intelligence to deliver bogus news alerts to some iPhone owners.
The decision was disclosed Thursday as part of a test version for the next software release, iOS 18.3. The beta version is only available to a relatively small group of iPhone users and developers, but the same features are usually released in an update available to all users several weeks after the testing begins.
In the beta update, Apple said it is disabling the AI-generated feature for news and entertainment while it tries to fix the issue causing the technology to fabricate information  a problem often described as hallucinations within the industry. Similar software updates for Apple's iPad and Mac computers are also in a testing phase.
Even if it is just temporary, the suspension represents a blow to Apple's efforts to bring AI to the iPhone and its other products. The push began in earnest last September with the debut of the iPhone 16, which is ..

In the beta update, Apple said it is disabling the AI-generated feature for news and entertainment while it tries to fix the issue causing the technology to fabricate information

The Bangalore Metro Rail Corporation Limited (BMRCL) is increasing the ticket fare citing increasing operational costs

Manu Bhaker's maternal grandmother and uncle were killed in an accident in Haryana's Charkhi Dadri

Finance Minister Nirmala Sitharaman in the Budget for financial year 2025-26, needs to focus on capital expenditure and infrastructure spending to boost economic growth and make it more sustainable, RBI Monetary Policy Committee member Nagesh Kumar said on Sunday.
The eminent economist noted that sustaining infrastructure expenditure and building it further would be very helpful for creating a much more robust trajectory of economic growth for India.
"In the context of the slight economic slowdown that we observed in the second quarter, and overall, there is a need to boost growth and make it more robust, more sustainable.
"The finance minister would do well to continue this momentum (in Budget 2025-26), which she herself started two years ago, of putting great emphasis on capex, infrastructure spending and increasing it to very healthy levels," he said in an interview to PTI Videos.
The Union Budget for 2025-26, set to be presented by Sitharaman on February 1, arrives amidst globa

The eminent economist noted that sustaining infrastructure expenditure and building it further would be very helpful

The government could reduce customs duty on inputs used in manufacturing medical equipment, electronic goods and footwear industries in the forthcoming Budget to boost local manufacturing, according to tax experts.
Deloitte India Partner, Indirect Tax, Harpreet Singh said key demands from the Customs side from the 2025-26 Budget, to be tabled in Parliament on February 1, would be rate rationalisation, simplification of the regime, and litigation and dispute management.
"In the lines of the phased manufacturing plan, we expect some duty cuts in raw materials in electronics, home appliances, healthcare products, and pharmaceuticals. These are the industries where the government wants to give impetus in terms of manufacturing, and hence, we will see the raw materials declining in these sectors," Singh told PTI.
On the proposed Customs duty rationalisation announced in the Budget in July 2024, Singh said the sectors which could see rationalisation are healthcare, manufacturing of medica

Deloitte India Partner, Indirect Tax, Harpreet Singh said key demands from the Customs side from the Budget, to be tabled in Feb 1, would be rate rationalisation, simplification of the regime

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Start-up founder? Here's how you can save on capital gains tax

If you are a start-up founder in India and have secured an exit for your business, here's how you can reinvest your money to potentially save on capital gains tax.

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