India has made substantial strides in promoting foreign exchange transactions by introducing the Liberalised Remittance Scheme (LRS). This allows Indian residents to send money overseas for various purposes. However, recent changes to the Tax Collection at Source (TCS) regime have raised concerns among stakeholders and required clarification. Additionally, there have been modifications to the angel tax regime for start-ups, increasing the importance of valuation criteria for foreign investors. Government, businesses and individuals must understand these changes and ensure compliance.

In this context, Grant Thornton Bharat, in association with the Indo‐American Chamber of Commerce (IACC) is organising a live briefing session on TCS on foreign remittances/expenses and angel tax valuation for start-ups from a FEMA and tax perspective. Experts from the industry will discuss the changes and how they affect the Indian taxation ecosystem.

Speakers

  • General Manager
    Puneet Pancholy (Chief Guest)
    General Manager
  • PhD, MBA, Supervisory Private Enterprise Officer
    Bryan Byrne (Guest of Honor)
    PhD, MBA, Supervisory Private Enterprise Officer
  • Partner, Tax
    Vikas Vasal (Moderator)
    Partner, Tax
  • Partner, Tax
    Riaz Thingna
    Partner, Tax
  • Senior Vice President
    Dr Upasana Arora
    Senior Vice President
  • Senior Vice President Regulatory Reporting Services
    Suhas Bendre
    Senior Vice President Regulatory Reporting Services
  • Rajesh_Kumar_Thakur
    Rajesh Kumar Thakur
    Managing Partner