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Why Indian Supreme Court ruling on 2018 Flipkart sale is rattling investors

Why Indian Supreme Court ruling on 2018 Flipkart sale is rattling investors Why Indian Supreme Court ruling on 2018 Flipkart sale is rattling investors



Delhi had changed tax rules in 2016, making gains from the sale of Indian shares taxable even under treaties. Investments made before 1 April 2017, however, were exempted. Tiger Global said its Flipkart investments predated the change and, therefore, qualified for the exemption.



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