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Practo Under Income Tax Scanner for alleged Tax evasion
New Delhi: India's leading health startup, Practo seems to have landed in trouble with the Income Tax Department, on the allegations of using different company valuations leading to evasion of taxes.Nikkie Asian Review reports that Practo executives have been summoned by the Income Tax authorities in Bangalore to explain wide discrepancies between different company valuations conducted just...
Meghna A Singhania is the founder and Editor-in-Chief at Medical Dialogues. An Economics graduate from Delhi University and a post graduate from London School of Economics and Political Science, her key research interest lies in health economics, and policy making in health and medical sector in the country.She is a member of the Association of Healthcare Journalists. She can be contacted at editorial@medicaldialogues.in. Contact no. 011-43720751