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PayU secured ₹50 crore in its finance subsidiary

PayU, which is a financial technology startup based out of Netherland, has secured INR 50 crore in its non-banking finance arm PayU Finance, according to the...

Sales productivity firm Vymo raises funds from Emergence Capital

Bangalore based Software as a Service Startup Vymo has now revealed a fresh funding round of $18 Million in Series B with the investment...

LegalWiz.in partners with Instamojo to offer courses in “Legal & Compliance Matters Simplified for StartUps & SMEs”

LegalWiz.in today announced its partnership with Instamojo – the full stack MSME solutions provider, to offer courses pertaining to “Legal & Compliance matters simplified for StartUps & SMEs” on Instamojo’s online skilling platform – mojoVersity. Through this initiative, Instamojo aims to empower small business owners across the country, with the knowledge essential to run a successful business in today’s rapidly evolving ecosystem.

More Bad News for Indian Medical Device Industry: Import of Medical Devices Up by Record 24%

Mr. Rajiv Nath claimed that after the goods and services tax (GST) on imported medical devices became cheaper by 11 per cent, the basic import tariff stands in the range of nil-to-7.5 per cent for most medical devices. Before the GST regime, imported medical devices attracted excise duty and special additional duty, over and above the import duty. After GST, only import duty and GST are levied. However, since one gets input credit in the GST regime, the effective taxation reduces, explained Nath.

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