Corporate Law : Discover the essential exit strategies for startups in India, from the fresh start process under IBC to fast-track insolvency reso...
Income Tax : Learn about the tax implications for startups, including eligibility criteria, benefits, and procedures for recognition, exemption...
Corporate Law : Entrepreneurs who embrace slower growth and personal financial risk and value control, financial discipline, and sustainable growt...
Corporate Law : Explore the thriving startup ecosystem in India, driven by innovation, technological advancements, government support, and diverse...
Fema / RBI : The Foreign Exchange Management Act (FEMA) lays out the rules for investments in Indian startups and for transactions involving fo...
Corporate Law : Read about the ONDC Startup Mahotsav organized by DPIIT, a platform where startups harness the Open Network for Digital Commerce (...
Income Tax : CBDT proposes changes to Rule 11UA in respect of ANGEL TAX- Also proposes to notify Excluded Entities In the Finance Act, 2023, ...
Corporate Law : The National Startup Awards 2023 aim to recognize and reward outstanding startups that have demonstrated exceptional capabilities ...
Corporate Law : Centre spearheads several initiatives under Ease of Doing Business and Reducing Compliance Burden aimed at creating a conducive bu...
Corporate Law : Sustained Government efforts result in increasing the number of recognized Startups from 452 in 2016 to 84,012 in 2022 Sustained ...
Income Tax : ITAT Mumbai held that a start-up company incurring cost for branding of the company and other relevant expenditure which creates p...
Income Tax : In the case of HCL Technologies BPO Services Ltd vs. ACIT, ITAT has held that for transfer pricing only amount retained by associa...
Income Tax : Notification regarding Income-tax Act Section 56(2)(viib) and assessment of Startup Companies. Clarifications for assessing recogn...
Corporate Law : Credit Guarantee Scheme for Startups (CGSS)is to provide guarantee upto a specified limit against credit instruments extended by M...
Corporate Law : Govt has notified that for an application for fast track corporate insolvency resolution process may be made also by a Startup (ot...
Company Law : (1) These rules may be called the Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2021. (2) They shall co...
Corporate Law : Central Government has approved the ‘Startup India Seed Fund Scheme (SISFS)’ to provide financial assistance to startups for p...
What is Startup India Seed Fund Scheme? Easy availability of capital is essential for entrepreneurs at the early stages of growth of an enterprise. Funding from angel investors and venture capital firms becomes available to startups only after the proof of concept has been provided. Similarly, banks provide loans only to asset-backed applicants. It is essential to provide seed funding to startups with an innovative idea to conduct proof of concept trials.
Start-up India initiative is one of the pertinent initiatives that every budding entrepreneur should be aware of. It enables the start-up to gain various benefits under Income-tax Act, 1961. The requirement is nothing but registration on the Start-up India portal. However, there are some pre-requisites for being eligible to get registered as a Start-up. Vide […]
Minister says the Startup India Seed Fund Scheme will Secure seed funding, Inspire innovation, Support transformative ideas, Facilitate implementation, and Start startup revolution;
Under the Start-up India Action Plan, start-ups that meet the definition as prescribed under G.S.R. notification 127 (E) are eligible to apply for recognition under the program. This notification is issued in supersession of the Gazette Notification No. G.S.R. 364(E) dated April 11, 2018 as modified vide Gazette Notification No. G.S.R. 34 (E) dated January 16, 2019. […]
Passionate entrepreneurs aim to build practical unique solutions for customers through their start-up venture. The business has to focus on its potential customer base, its USP and market situation. At the same time Entrepreneur should have or they should hire or outsource someone who has a good understanding about the basic laws of the land, rules, regulations that are applicable and various government schemes that are drawn for the welfare of the budding businesses and their smooth functioning.
In India, population of youngsters is very high and maximum of youngsters have a dream to become entrepreneur. Some of them have a workable business idea in their mind and on paper but due to shortage of funds they face challenges in converting that business idea into reality. To help these entrepreneurs, the Government of […]
The Commerce Ministry has issued guidelines for Startup India Seed Fund Scheme (SISFS) 1. The Seed Fund will be disbursed to eligible startups through eligible incubators across India. 2. Criteria: a. A startup,recognized by DPIIT, incorporated not more than 2 years ago at the time of application. b. The startup must have a business idea […]
Since the launch of Startup India initiative, a total of 44,766 Startups have been recognized by DPIIT as on 14th March 2021. States/UTs wise breakup of DPIIT recognized startups is at Annexure-I.
Article explains Eligibility for Startup India Scheme, Benefits of Startup India Scheme, Action Plan of Govt. of India on Startups and Documents required for Startup Registration. An entity shall be considered as a Startup if such entity incorporated as a company or registered as a partnership firm or a limited liability partnership in India then […]
√ In past few years, female literacy rate in India has been increased very sharply. Now, women are actively participating in Jobs and in business as well. We know many famous women entrepreneurs like Vandana Luthra founder of VLCC, Priya Paul, Radhika Ghai Aggarwal Co-Founder Shopclues.com etc. These women entrepreneurs are inspiration for all females, […]
