Mastodawn

PhysicsWallah successfully reduced its Income Tax demand from ₹263.34 crore to ₹192.76 crore today, driving shares up 4.5% to ₹105.33. The edtech unicorn is formally appealing the residual amount with the Joint Commissioner. #PhysicsWallah #Edtech #Business
https://blazetrends.com/physicswallah-tax-demand-slashed-to-%e2%82%b9192-76-crore-edtech-stock-surges-on-regulatory-relief/?fsp_sid=854

PhysicsWallah Tax Demand Slashed to ₹192.76 Crore: Edtech Stock Surges on Regulatory Relief

The aggressive regulatory push by the Indian Income Tax Department to reclassify startup equity as taxable income has sparked panic across the venture capital

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