The income tax department has notified rules for valuation of equity and compulsorily convertible preferable shares issued by startups to resident and non-resident investors. As per the changes in Rule 11UA of I-T rules, which comes into effect from September 25, the Central Board of Direct Taxes (CBDT) provides that the valuation of compulsorily convertible preference shares (CCPS) can also be based on the fair market value of unquoted equity shares. The amended rules also retain the five new valuation methods proposed in the draft rules for consideration received from the non-residents viz., (i) Comparable Company Multiple Method, (ii) Probability Weighted Expected Return Method, (iii) Option Pricing Method, (iv) Milestone Analysis Method, and (v) Replacement Cost Method.
Saiyaara ends up a bland rehash of old ideas served in an older bottle, notes Arjun Menon.
Doval said India hit nine terror targets crisscrossing Pakistan with precision and missed none of them
Both Caravaggio and Djokovic entered worlds ruled by giants, shattered conventions with defiance, and redefined greatness within the rigid lines of their craft. One with a brush, the other with a racquet but both turned their tools into instruments of disruption. And ultimate greatness.
Divya Srinivasan, a plastic surgeon from Los Angeles attends her second LFW after eight long years.
Income tax raids, killer games, village elections, criminal investigations, things are rather exciting on OTT this week, as Sukanya Verma notes.
'Cricket has always united us, and now, it's part of the Olympic movement! On this #OlympicDay, let's celebrate the power of sport to inspire, connect, and uplift'
The Olympic Council of Asia (OCA) has confirmed that cricket will be included in the 2026 Asian Games in Aichi-Nagoya, Japan.
Outlining each visa adjudication as a 'national security decision', the United States has asked applicants to share their social media usernames or handles of each platform they have used in the last five years.
Flamengo overturned a first-half deficit to defeat Chelsea 3-1 in their Club World Cup Group D clash on Friday, with second-half goals from Bruno Henrique, Danilo, and Wallace Yan securing the Brazilian side's second consecutive win in the tournament.
Jasprit Bumrah termed the desire to represent India in the Los Angeles Olympics in 2028 as a motivating factor for him.
Lakshmi Manchu, actress, producer and television presenter, will be among the contestants on Karan Johar's upcoming reality show, The Traitors.
Telugu star Allu Arjun and Tamil director Atlee are all set to collaborate on a film, backed by the production banner Sun Pictures.
Compound archery will make its Olympic debut at the 2028 Los Angeles Games, providing a massive boost to India's elusive medal hopes in the precision sport.
TJ, Animesh Kujur enter TOPS developmental group; Pranati named for TAGG
'They are not a full-member (of the ICC) but being the Olympic hosts, the US naturally have a claim to be there, which makes it such a tough decision.'
Outlining each visa adjudication as a "national security decision", the US has asked applicants to share their social media usernames or handles of each platform they have used in the last five years.
Analysts expect Nifty to rise up by to 6 per cent in six months, with intermittent corrections likely due to global factors.
A training camp for the U.S. women's national team has been moved from Los Angeles to Miami due to the wildfires that have devastated Southern California, U.S. Soccer said on Friday.
Motherhood and high fashion can definitely go hand-in-hand.
Los Angeles Dodgers star Mookie Betts bought the first announced team in the WBL, which is yet to announce the franchises and schedule of the first event of the league featuring mixed-gender teams.
Pope Francis, who passed away at the age of 88 in Rome on Monday, April 21, less than a day after delivering a brief Easter Sunday message in St Peter's Basilica, is remembered as a spiritual leader whose life and final moments were deeply intertwined with prayer and devotion.
Rajbaris are a link to Bengal's rich past, of grand mansions, classical fine dining, and allow guests to be pretend zamindars for those few hours or days that they stay.
This is important because he is to be seen as a sure winner before criss-crossing the state to campaign for candidates of the party or an alliance, highlights N Sathiya Moorthy.
When it came to the final word -- 'eclaircissement' -- Faizan Zaki spelled it correctly without asking a single question.
The IOC last month granted provisional recognition to World Boxing in a major step towards the sport's inclusion in the LA Games and Thursday's decision ensured the sport's Olympic presence would continue.
China's official media on Sunday criticised United States bomb attacks on Iranian nuclear sites as a further step toward the abyss, while experts in Beijing said the American bunker-buster bombs used in strikes may not be enough to destroy Iran's nuclear plants hidden deep underground.
How Lewis Hamilton and Apple brought F1 racing to the movie screen
The Securities and Exchange Board of India (Sebi) on Wednesday announced a slew of measures to ease the compliance burden in the stock markets ecosystem, encourage more companies to list on the bourses after reverse flipping to India, and facilitate greater foreign fund flows into government bonds.
Lord's to host Women's T20 World Cup final in 2026
Mr Trump's actions, because of their extreme nature and the dangerous rhetoric that accompanies them, receive the most attention, points out Mihir S Sharma.
Gurindervir, Kujur, Manikanta, Amlan set new 4x100m relay national record
Indian-American businessman Sanjay Govil is convinced Twenty20 cricket can be the next big cultural import into the United States, following a trail blazed by yoga and Bollywood-style weddings.
The annual Scripps National Spelling Bee, which is taking place at the Gaylord National Resort & Convention Center Hotel in National Harbor, Maryland, outside Washington DC, turns a hundred years old.
Glimpses of the nationwide 'Hands Off' anti-Trump protests in the USA, April 5, 2025.
Extra time goals see Chelsea down 10-man Benfica to advance to quarters
The first edition of the World Bowling League backed by celebrity cricketer Virat Kohli and baseball star Mookie Betts, will roll out with six franchises competing in iconic locations early next year.
India's compound mixed team of Jyothi Surekha Vennam and Rishabh Yadav secured a spot in the final at the Archery World Cup Stage 1, guaranteeing a third medal for the country.
World Boxing said Paris Olympics gold medallist Imane Khelif will not be allowed to compete until she undergoes a mandatory sex test.
Imane Khelif, who won Paris Olympics boxing gold amid a gender-eligibility row, is determined to defend her title at the 2028 Los Angeles Games
