Media Room

Moneycontrol

Felix Advisory launches Mumbai office at BKC for servicing clients closer to Mumbai

Published on March 06, 2018

Felix Advisory, a leading global management consulting firm, rapidly growing in financial, tax, transaction, legal and process advisory is pleased to announce the expansion of its team, and the opening of a new office in BKC, Mumbai, to get closer to customers and support its growth in the market.

Moneycontrol

Budget 2018: Moneycontrol panel says focus should be on salaried class

Published on January 18, 2018

An eminent panel of experts discussed things Finance Minister Arun Jaitley can include in Budget 2018 to boost the middle-class. The panelists included Rahul Parikh, CEO, Bajaj Capital, Rahul Agarwal, Director, Wealth Discovery, Rakesh Nangia. MD and Founder, Nangia & Co and Gaurav Talwar, Partner Felix Advisory

Moneycontrol

Gearing up to file your income tax returns? Know which ITR form you should use

Published on July 31, 2017

"Income Tax Return (ITR) is a statement of income earned by a person in a financial year. The person (other than Company & Firm) whose total income exceeds the specified threshold limit in a financial year is to file income tax return for that financial year," says Gaurav Talwar, Partner, Felix Advisory

Moneycontrol

Last day for filing income tax return today; here is all that you need to know

Published on July 31, 2017

Today (July 31) is the deadline for filing your income tax return (ITR). The government has said that it will not extend the deadline. Here are some of the basics facts to remember for all taxpayers who are rushing to meet the deadline.

(Gaurav Talwar is partner at Felix Advisory)

Moneycontrol

Missed investment declaration deadline? Here's what you can do

Published on January 11, 2017

There is no reason to panic since you have time till March 31 to make the necessary investments for tax saving.

"The employee can make relevant tax-saving investments before March 31 for each relevant year and claim refund of income tax (if any) while filing his income tax return," says Amit Jindal, Partner, Felix Advisory.

Financial-Express

Your loan EMIs may come down on demonetisation of Rs 500, Rs 1000 notes

Published on November 10, 2016

The Narendra Modi government’s move to demonetise previous series of Rs 500 and Rs 1000 banknotes could lead to softening of interest rates by banks, thereby lowering your loan EMIs in the future.The huge deposits that are likely to flow into the banking system after customers deposit their old currencies that are no longer legal tender would enable banks to lower interest rates, according to Amit Jindal, Partner, Felix Advisory.

Financial-Express

Exclusive: Syska invests in hyperlocal grocery delivery startup Tokri

Published on August 01, 2016

Pune-based hyperlocal delivery startup Tokri has raised a pre-Series A round of funding from Syska LED group, a top company executive told Techcircle.in.

Felix Advisory acted as the financial advisor for Orange Etokri on this transaction.

Financial-Express

LTA, HRA declaration tightened by I-T dept: All you need to know

Published on May 05, 2016

The income tax department has announced changes in reporting format for individuals claiming tax deduction on leave travel allowance, leave travel concessions , house rent allowance and interest paid on home loans.

(Gaurav Talwar is partner – Felix Advisory and Jatin Kumar is Consultant – Felix Advisory.)

Moneycontrol

Budget 2016: Cars get expensive, roads get better

Published on February 29, 2016

Gaurav Talvar from Felix Advisory explains TCS saying, "Under the current Indian Income Tax Act, how tax collected at source works is that, the seller, at the time of selling the prescribed goods, shall collect from the buyer, additional amount towards the buyer’s advance income tax, as tax collected at source."

Financial-Express

Budget 2016: Cars, SUVs, luxury vehicles prices to go up due to new taxes

Published on February 29, 2016

Commenting on the new taxes Gaurav Talwar, Partner, Felix Advisory said: "The budget 2016 has imposted a tax collected at source of 1 % on purchase of luxury cars exceeding value of INR 10 lakhs. Further, an Infrastructure cess of 1% on small petrol, LPG, CNG cars, and 2.5% on diesel cars of certain capacity and 4% on other higher engine capacity vehicles and SUVs is proposed. The above measure will have an impact on the price of the cars, and may also impact overall demand."

ndtv-profit

Time to Raise Income Tax Exemption Limit: Gaurav Talwar

Published on February 24, 2016

Jaitley should increase the base exemption limit to Rs. 3 lakh, Gaurav Talwar says.

(Gaurav Talwar is partner at Felix Advisory)

Business Line

India, Armenia sign protocol to amend tax pact

Published on January 27, 2016

India and Armenia on Wednesday signed a protocol to amend the existing Double Taxation Avoidance Convention between the two countries

Commenting on the Armenia protocol, Amit Jindal, Partner, Felix Advisory, said this move was in line with government’s larger intent of introducing similar clauses (banking information exchange) with all countries to curb money laundering.

ndtv-profit

Opinion: With More FDI Focus, More Onus On Tax Department

Published on January 25, 2016

There has been a few major tax controversies in recent past in India, which had an impact on the overall FDI into India.

(Amit Jindal is partner at Felix Advisory)

Business Line

Modi announces tax sops, funding support for startups

Published on January 16, 2016

Prime Minister Narendra Modi announced a slew of tax sops and other incentives for encouraging startups in the country such as easier registration and clearances, fast exit options, self-cerification and rebate in patent filing fees.

Consultant Review

Felix Advisory: Offering Premier Tax, Business Restructuring, Audit & Accounting Services

Published on November 02, 2015

He further explains that expenses being a significant factor for most clients who want quality solutions, Felix being niche service provider becomes the most preferred recourse.

vccircle

Water purification solutions firm Swajal raises $1.2M in Series A round

Published on August 03, 2015

Swajal Water Pvt Ltd, a Gurgaon-based water purification solutions firm, has raised $1.2 million (Rs 7.5 crore) in its Series A round of funding led by Abhishek Gupta.

Emergent Ventures India Pvt Ltd, an advisory firm for sustainability and renewable technologies and Felix Advisory Services, a boutique consultancy firm based out of Gurgaon providing M&A, taxation and investment banking services to small and mid-sized firms, were the advisors on this deal.

vccircle

Mobile internet firm Ver Se acquires e-commerce recommendation platform BuyT.in

Published on July 16, 2015

Bangalore-based Ver Se Innovation Pvt Ltd, the owner of local language mobile app NewsHunt among other businesses, has acquired Delhi-based Rocket Science Innovations Pvt Ltd, which runs e-commerce price comparison and recommendation platform BuyT.in, for an undisclosed amount.

Felix Advisory acted as the financial advisor to Rocket Science Innovations on this transaction.

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