<ul><li>Razorpay is expected to pay around INR 1,245 Cr in taxes to the Indian government as part of its domicile shift to India.</li><li>The fintech startup is targeting an IPO in the next two years after completing its reverse flip.</li><li>The tax liability for the domicile shift is influenced by the company's valuation, which was $7.2 Bn during the last funding round in 2021.</li><li>Razorpay completed the reverse flip by merging its Delaware-registered parent entity with its Indian subsidiary and aims to reduce its overall tax outgo to $200 Mn.</li></ul>

Razorpay To Pay INR 1,245 Cr In Taxes For Domicile Shift To India

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