While valuation professionals like merchant bankers and CAs might employ established methods to estimate a start-up's fair market value, they might not be able to predict the future with certainty
The Central Board of Direct Taxes (CBDT) on May 26 issued draft rules providing more flexibility for valuation of equity investments made in unlisted start-ups
Questions arise why countries like Singapore, Mauritius and the United Arab Emirates, which account for a majority of inbound foreign direct investment, are missing from CBDT’s notification