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Income Tax Appellate Tribunal Grants Relief To PB Fintech From INR 166 Crore Tax Demand

PB Fintech, the parent company of the renowned insurance platform Policybazaar, has been granted a tax exemption of ₹166.12 crore for the financial year 2015-16. This exemption overturns an earlier decision made by the Commissioner of Income Tax (Appeals) [CIT(A)]. Company Order Story  The company recently received an order from the Assistant Registrar of the […]

“Parent Company Brainbees Solutions Shares Drop 5%, Down 10% Year-To-Date”

The shares of Brainbees Solutions, the parent company of omnichannel retailer FirstCry, which focuses on children’s products, experienced a sharp decline in early trading hours today, December 23. On the Bombay Stock Exchange (BSE), the stock fell by 5% to reach ₹608.05 per share. However, during intraday trading, the stock showed signs of recovery and […]

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