19-January-2026
Markets and Finance
 
Tiger Global’s tax ruling casts pall on India’s buyout sector
19-Jan-2026

An India court ruling forcing Tiger Global Management to pay taxes on an asset sale will have ripple effects on other buyout firms seeking to unload long-held investments, and may set a precedent for tax probes on high-frequency trading firms including Jane Street Group. The Indian Supreme Court ruled Thursday that New York-based Tiger Global must pay capital gains taxes on its 2018 sale of Flipkart India Pvt Ltd. shares to Walmart Inc. The top court overturned a lower court ruling that allowed Tiger Global to claim exemptions on the sale based on a tax treaty with Mauritius.

News Source:- https://economictimes.indiatimes.com/industry/banking/finance/tiger-globals-tax-ruling-casts-pall-on-indias-buyout-sector/articleshow/126667798.cms
 
 
 

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