Reverse Flip: Razorpay’s Cross-Country Merger May Incur $250-300 Million Tax

Three points you will get to know in this article: Fintech unicorn Razorpay is strategically considering a move to shift its headquarters to India through a cross-country merger, anticipating a potential tax liability ranging from $250 million to $300 million in its current base, the United States. This strategic initiative involves merging its U.S.-registered entity with its Indian counterpart. Razorpay,…

Delta Corp GST Notice Sparks Value Debate on Applicability of Tax

Three points you will get to know in this article: The recent tax notice sent to Delta Corp, India’s leading casino operator, has sparked a renewed discussion regarding the calculation of GST payments by casino operators. The crux of the matter revolves around whether this levy should be based on the gross gaming value, which encompasses the total amount wagered…

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