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DGFT : Learn about the Ubharte Sitaare Fund, its objectives, benefits, eligibility criteria, and how small and mid-sized businesses can a...
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Corporate Law : The Coastal Shipping Bill, 2024, introduced in Lok Sabha, aims to regulate coastal trade, boost domestic participation, and enhanc...
Corporate Law : The Ministry of Agriculture announces revised guidelines for the AMI Sub-scheme of ISAM, effective from November 10, 2024, for new...
Corporate Law : The Central Government increases minimum wage rates by revising the Variable Dearness Allowance, effective October 1, 2024, aiding...
Corporate Law : MHA issues guidelines to ensure nondiscriminatory prison visitation rights for LGBTQ+ community, emphasizing equal treatment in al...
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This write up deals with 1. What is start up? 2. Is this the same as we start up any new venture to get eligible for benefits of the government? 3. Difficulties or tough road for taking benefits under Govt Start up India Action Plan 4. Income Tax exemptions for 3 yrs for Startups 5. Appreciable Notings on Startup India Action Plans
Prime Minister Narendra Modi had announced the ‘Startup India, Standup India’ initiative on Independence Day the 15th Day of August, 2015. Startup India is a flagship initiative of the Government of India, intended to build a strong eco-system for nurturing innovation and Startups in the country that will drive sustainable economic growth and generate large scale employment opportunities.
CA Umesh Sharma Arjuna (Fictional Character): Krishna, Government of India has come up with the scheme of “Startup India” on the eve of Republic Day. On the Republic day as we see the parade and various “Presentations” on Rajpath, likewise what will be different in the presentation of “Startup India” scheme in a Tax parade? […]
Let’s begin our journey with new business era of tax breaks and mega fund announced by PM Modi on 16 January, 2016 at New Delhi START UP INDIA. Vision is to Open Doors for New and Innovative Ideas. The 19-point Action Plan came with the promise that the role of the government will be of a facilitator and not more than that. Entrepreneurs will become free from complicated compliance requirements.
Startup India is a flagship initiative of the Government of India, intended to build a strong eco-system for nurturing innovation and Startups in the country that will drive sustainable economic growth and generate large scale employment opportunities. The Government through this initiative aims to empower Startups to grow through innovation and design.
In line with its ‘Make in India’ campaign, Government of India had constituted a Task Force to examine various issues concerning the domestic Medical Devices Sector. The said Task Force had made certain recommendations regarding rationalization of customs duty structure for the sector, so as to promote domestic manufacturing of medical devices.
Due to their high risk nature, Startups are not able to attract investment in their initial stage. It is therefore important that suitable incentives are provided to investors for investing in the Startup ecosystem. With this objective, exemption shall be given to persons who have capital gains during the year, if they have invested such capital gains in the Fund of Funds recognized by the Government.
The Government of India, in consultation with the Reserve Bank of India, has decided to issue second tranche of Sovereign Gold Bonds. Applications for the bonds will be accepted from January 18, 2016 to January 22, 2016. The Bonds will be issued on February 8, 2016. The Bonds will be sold through banks, Stock Holding Corporation of India Limited (SHCIL) and designated post offices. The borrowing through issuance of the Bond will form part of market borrowing programme of the Government of India.
First we would like to express our sincere gratitude to all of you for reading & liking the first part of ‘An Economic Analysis of 2015’. In the part 1 of the article we have covered some of the most crucial and significant economic indicators and how they perform in 2015. The indicators we covered were: 1. GDP of the Country in 2015 2. FDI in the Country in the country during 2015 3. Forex Reserves of India during 2015 4. Inflation during 2015 5. Exports position of the country during 2015.
Report of the Committee on Revisiting and Revitalising Public Private Partnership Model (Chairman: Dr V. Kelkar)- As part of the government’s efforts to revitalize private investment, a detailed review of risks in PPPs was considered essential to rebalance the allocation of risks, while in no way diluting the essence of a PPP structure. Building upon the strengths of the mature PPP landscape in the country, which has been acknowledged internationally
