Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: empanelment :: ACCOUNTING STANDARDS :: TAX RATES - GOODS TAXABLE @ 4% :: articles on VAT and GST in India :: ARTICLES ON INPUT TAX CREDIT IN VAT :: form 3cd :: VAT Audit :: cpt :: due date for vat payment :: ACCOUNTING STANDARD :: VAT RATES :: list of goods taxed at 4% :: TDS :: Central Excise rule to resale the machines to a new company
 
 
« News Headlines »
 Regarding Filing of online return for first quarter of 2017-18 extension upto 01-09-2017
 Deadline to file returns extended to 28 August for biz with transitional
 GST input tax credit form
  How to rectify income tax returns
 Govt extends tax exemption for industry in North East, hilly states
 Should you file revised Income Tax returns; find out here
 Tax Deducted at Source (TDS) in Goods & Services Tax (GST)
 10 companies that blamed GST for soft June quarter
 How will GST impact the Indian economy
 10 days left to file your first GST return. This is how you do it
 What is property tax and how is it calculated…

Core sector set for boost as venture capital funds escape tax
May, 04th 2007

Finance minister P Chidambaram's announcement that venture capital (VC) funds for infrastructure would be allowed pass-through status comes as a relief to the sector.

With this, large amounts of funds could flow into infrastructure financing, which is expected to require over $360 billion in the next few years, of which $90 billion would be in form of equity.
 
India Infrastructure Finance Company Ltd (IIFCL) chairman SS Kohli said the move would provide a boost to the sector in the long run. There would be huge requirements of funds in the next few years. The move would particularly help in infrastructure funding, especially the equity component, Kohli said.

At present, the infrastructure sector receives very little VC funding, analysts said.

Of the total 42 VC funds in the country, around five are involved in infrastructure funding.

At present, VC funds enjoy complete pass-through status under Section 10 (23FB) of the Income Tax Act, irrespective of the nature of income. However, Budget 2007-08 sought to restrict the pass-through status for VC funds and VC companies to only income from investments in domestic unlisted company in certain specified sectors, including information technology and biotech. Infrastructure sector was not included in the list.

This was also discouraging VC funds from making long-term investments in sectors like infrastructure and real estate.

Investments by VC funds in India have doubled to more than $1000 million in 2007 from $320 million in 1999. VC funds mostly invest in sectors with high growth but with inherent uncertainties. India has been one of the most active markets among other Asian economies for VC funds.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Internet Marketing Website Marketing Internet Promotion Internet Marketing India Website Marketing India Internet Promotion India Internet Marketing Consultancy Website Marketing Consulta

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions