Company x is incorporated in India, Indian as well as foreigner is investor of company x.
Company x is a subsidiary of company y situated & incorporated in Mauritius. Now Company Y Holding company of X is planning to issue IPO in India as well as in USA.
Kindly guide on below mention point:-
1. Tax implication on Indian Investor as well as on Foreigner investor of x(sub) if IPO is issued in India by company Y (Holding Company) 2. Tax implication on Indian Investor as well as on Foreigner investor of x (sub) if IPO is issued in USA by Company Y