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FinTech Consulting Services
Leveraging our FinTech Consulting experience, we employ our proven approach in process reviews, tech risk management, and third-party audits for Indian financial services clients.
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

Reserve Bank of India

Development Partnerships and Innovations Office United States Agency for International Development

Grant Thornton Bharat

Grant Thornton Bharat

President, IACC-NIC & Managing Director Yashoda Super Speciality Hospital

HSBC India

Comercinate Advisors LLP