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Tiger Global: Why Indian Supreme Court ruling on 2018 Flipkart sale is rattling investors

Source: BBC

Delhi had changed tax rules in 2016, making gains from the sale of Indian shares taxable even under treaties. Investments made before 1 April 2017, however, were exempted. Tiger Global said its Flipkart investments predated the change and, therefore, qualified for the exemption. BBC - For more and to sign up click here To Return to the Main Aggregate News Page - click here

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Read the original source at BBC