The Announcement: A Positive Move On February 1, Finance minister Nirmala Sitharaman, in her budget speech declared that employees of startups (exempt under Section 80-IAC) could defer paying income tax on stock options. The proposal was put forward by the Department for Promotion of Industry and Internal Trade (DPIIT) which suggested extending tax benefits to […]
These are some of the examples of subvention schemes offered by developers of real estate with tie-ups with banks and financial institutions. The discounts, freebies are extensively promoted by the builders to lure prospective homebuyers who obviously find these schemes irresistible.
Benefits of Listing on stock Exchange to companies and investors. Stock exchanges permit businesses access to capital and the chance to boost their reflectivity and public image. Knowledgeable businesses can harness the control of stock exchanges to develop and heighten their companies.
SMEs: Major Contributor to Indian Economy In the last few years, Small and Medium Enterprises (SMEs) has come out as the most dynamic and dazzling sector of the Indian economy. In comparison to the large-scale public and private enterprises, SMEs have scanty investment but their employment intensity is four times more than the large scale […]
Insolvency and Bankruptcy Code, 2016 (Code) has been hailed by all stakeholders as a remarkable piece of legislation. The main reason for the popularity of the Code comes from its salient features like: a) Consolidation of all existing insolvency-related laws b) The shift from ‘Debtor in possession’ to ‘Creditor in control’
Just like large organizations, smaller organizations fantasize about getting themselves recorded on the listings, however, for the most part, miss the mark concerning meeting the qualification criteria of the BSE and the NSE. Practically all significant capital markets have understood the requirement for a different trade for SME IPO listings. These business sectors have attempted […]
Lots of loopholes, cracks and ambiguities have come to the fore in IBC’s 3-year journey but prompt action by the IBBI has helped to keep it relevant as the most effective law for insolvent entities. – Kritika Chabbra (Market Analyst, MUDS Management Pvt. Ltd.) Constant Change & Improvement Any law is effective only when it […]
By listing on recognized SME exchange a company can avail numerous benefits under the Income Tax Act. An SME entrepreneur or investor can avail tax benefit on the transfer of shares of a listed company, which ultimately results in enormous tax savings.
P2P Lenders Hope of an Increase in Lending Limit as RBI Awakens to Their Demands RBI’s demand for P2P lending platforms to provide authentic data has certainly aroused hope for positive change among stakeholders! Background The Association of NBFC Peer-to-Peer (P2P) Lending Platforms had written a letter to the RBI in July this year, bringing […]
Sachin Bansal’s Big Ticket Investment of 739 Crore In A NBFC Creates Ripples in Financial World The poster boy of Indian start-up industry, Sachin Bansal, famously known as the Flipkart co-founder, has been hogging the limelight recently, as he seems to be on a shopping spree. His latest investment on 25 September 2019, has found […]
