Editorji is a popular short video news and information platform based in India. It was founded in 2018 by Vikram Chandra, one of India’s leading journalists, and has risen to prominence in the digital news space in a relatively short span of time. The platform is primarily designed for mobile devices, with applications available for Android and iOS.

ABOUT US:

about us editorji

Latest Video News: Editorji provides the latest news video headlines, latest videos clip from India and the World. Get all breaking news videos on Entertainment, Business, Coronavirus, Elections, Politics and more.

Latest Video News, Breaking News, Bollywood, Political, Sports, Business News | Editorji

+91 11 4035 6666 / info@editorji.com
3rd floor, Plot B, Khasara no 360, Sultanpur, New Delhi, Delhi 110030
<a title="mail to us" href="mailto:info@editorji.com">Send Feedback</a>
<a title="Contact Us" href="mailto:info@editorji.com">Contact Us</a>

REACH US

Contact for any questions, suggestions, comments, feedback or advertisement on Editorji.com, we are always looking forward to hearing from you.

Contact Us for Feedback, Suggestions and Advertising 

Editorji content is better experienced in our app.

After Union Budget proposed subjecting foreign investors to Angel tax, DPIIT is working closely to resolve Indian Startup's concerns over securing funding

Govt mulls resolving Angel tax concerns

After Union Budget proposed subjecting foreign investors to Angel tax, DPIIT is working closely to resolve Indian Startup's concerns over securing funding

The government is considering resolving the concerns of startups regarding the angel tax and fair market valuation. The department for promotion of industry and internal trade (DPIIT) is working closely with the finance ministry, reported Mint.
The government in its Union Budget proposed that, foreign investors will also be subjected to Angel tax. Following this, startups expressed apprehension about securing funding.
As per Mint, the provision, scheduled to take effect on 1 April 2024, remains unchanged in the Finance Bill for the current fiscal year. Angel tax is levied on the profit raised by a company that is unlisted by selling shares to investor. The shares are sold above the fair market value.
A DPIIT official told Mint that they are trying to get the government on the conversation table and tell them that there's a discrepancy in calculating the fair market value which is taken internationally and by income tax.&nbsp;
As Indian start-ups are already facing a funding winter, they are concerned that this tax will deter the foreign investors from investing. Usually, foreign investors often sell shares at a high premium based on future growth prospects.
Foreign private equity and venture capital investments in Indian startups plunged to $54 billion in 2022 from $77 billion the prior year. The startup deal volume reached a nearly nine-year low in February.
&nbsp;

A possible customs duty hike on as many as 35 items may be on the cards in the upcoming union budget. This could include things like jewellery and electronics 

Budget 2023: Electronics, jewellery may get more expensive

A possible customs duty hike on as many as 35 items including high-end electronics and jewellery, may be on the cards in the upcoming union budget. 

A possible customs duty hike on as many as 35 items including high-end electronics and jewellery, may be on the cards in the upcoming union budget.&nbsp;

Budget 2023 may see a customs duty hike for a slew of non-essential items. As per an economic times report, a list of 35 items has been drawn up by the govt and are being examined for a possible hike in customs duty. Private jets, helicopters, high-end electronics, jewellery are some of the items that could become costlier.&nbsp;
One of the main reasons behind this move is to curb imports and encourage local manufactuing, giving a boost to 'Aatmanirbhar Bharat' initiatives. In fact, import tariffs on a number of items have already been hiked in the past few years to support such initiatives.&nbsp; As per the economic times report, India's current account deficit reached a 9-year high of 4.4% of GDP for the July to Sept 2022 quarter.&nbsp;
&nbsp;

Elon Musk is making headlines once again through Twitter. This time it is about how much taxes he is going to pay the US Govt. The world's richest man will pay a whopping $11 billion in taxes as he exercises stock options and pays a levy of over 50% on it. $11 billion could constitute a record payment to the U.S. Internal Revenue Service as per Bloomberg. Even a $10 billion payment is just a fraction of Musk’s overall wealth which has risen by $95 billion only in 2021. Musk, who was also named Time's Person of the Year has faced strong criticism for not paying his fair share of taxes in the past. The founds of Tesla recently got into a Twitter spat with the Massachusetts senator Elizabeth Warren who said the tax code was "rigged” and asked to change it “so The Person of the Year will actually pay taxes and stop freeloading off everyone else.” Musk responded promptly telling the sentor to "open her eyes" and realise he was paying record high taxes. 

Elon Musk to create another record - to pay $11 billion in taxes this year

Musk earlier this month said he’ll pay more taxes than any American in history this year. That was in response to another tweet from Massachusetts Sen. Elizabeth Warren, who used Musk’s Time Magazine “Person of the Year” accolade to call him out on his taxes.

This is how much Elon Musk is going to pay in taxes this year

Elon Musk announces on Twitter he would be a paying over $11 billion in taxes due to stock options

Elon&nbsp;Musk is making headlines once again through Twitter. This time it is about how much taxes he is going to pay the US Govt. The world's richest man will pay a whopping $11 billion in taxes as he exercises stock options and pays a levy of over 50% on it.&nbsp; $11 billion could constitute a record payment to the U.S. Internal Revenue Service as per Bloomberg. Even a $10 billion payment is just a fraction of Musk&rsquo;s overall wealth which has risen by $95 billion only in 2021.&nbsp; Musk, who was also named Time's Person of the Year has faced strong criticism for not paying his fair share of taxes in the past. The founds of Tesla recently got into a Twitter spat with the Massachusetts senator Elizabeth Warren who said the tax code was "rigged&rdquo; and asked to change it &ldquo;so The Person of the Year will actually pay taxes and stop freeloading off everyone else.&rdquo;&nbsp; Musk responded promptly telling the sentor&nbsp;to "open her eyes" and realise he was paying record high taxes.&nbsp;

What is the salary of President of India. And how much tax he pays? Listen from the President himself. President Ram Nath Kovind on Sunday got candid about his salary and how much tax he pays. Addressing a gathering in his native village Paraunkh in UP, the President said that he get Rs 5 lakh in salary, but pointed out that 2.75 lakh out of it goes into taxes. He pointed out that people only talk about the salary, and not about the taxes that are paid on it. On a lighter note, he said that many teachers have higher savings than the President of India.

What is President's salary & how much he pays in taxes? Hear from Ram Nath Kovind himself

President Ram Nath Kovind on Sunday got candid about his salary and how much tax he pays

What is President's salary & how much he pays in taxes? Hear from Kovind himself

What is the salary of President of India. And how much tax he pays? Listen from the President himself. President Ram Nath Kovind on Sunday got candid about his salary and how much tax he pays. Addressing a gathering in his native village Paraunkh in UP, the President said that he get Rs 5 lakh in salary, but pointed out that 2.75 lakh out of it goes into taxes. He pointed out that people only talk about the salary, and not about the taxes that are paid on it. On a lighter note, he said that many teachers have higher savings than the President of India.
Byte:&nbsp;

President Ram Nath Kovind on Sunday got candid about his salary and how much tax he pays

What is the salary of President of India. And how much tax he pays? Listen from the President himself. President Ram Nath Kovind on Sunday got candid about his salary and how much tax he pays. Addressing a gathering in his native village Paraunkh in UP, the President said that he get Rs 5 lakh in salary, but pointed out that 2.75 lakh out of it goes into taxes. He pointed out that people only talk about the salary, and not about the taxes that are paid on it. On a lighter note, he said that many teachers have higher savings than the President of India.

taxes

Categories