Income Tax : India abolishes Angel Tax from FY 2025-26, boosting startup funding and foreign investment. Learn its impact on valuations, FDI, a...
Income Tax : The Indian government remains married to promoting entrepreneurship and profitable development through duty impulses for startups ...
Corporate Law : Learn the official guidelines for using the Startup India logo, who needs approval, and the application process to ensure legal co...
Income Tax : Section 80-IAC is amended to extend 100% profit deduction for eligible start-ups incorporated until April 1, 2030, effective from ...
Income Tax : The Finance Bill 2025 extends the tax deduction under Section 80-IAC for eligible startups until 2030, providing a 100% deduction ...
Corporate Law : As of June 2024, India recognizes 1.4 lakh startups, with 67,499 having at least one woman director, supported by various governme...
Corporate Law : The Indian Government has recognized over 1.4 lakh startups as of June 2024, promoting innovation and investment through various i...
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 ...
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...
Benefits of incorporating a Company in the USA: 1. Every state in the US is governed by its state laws and regulations which vastly differ from one another. 2. Delaware, Wyoming, and Nevada, in particular, provide the most complimenting business and taxation laws which makes it mainstream for companies to incorporate. Benefits of incorporating a […]
Reserve Bank of India (RBI) vide master direction. RBI/FED/2018-2019/67 FED Master Direction No.5/2018-19 dated 26th March,2019 updated as on 12th April 2021 has issued External Commercial Borrowings, Trade Credits and Structured Obligations under the said Direction Oil Marketing companies and startups are eligible for raising funds through External commercial borrowing subject to conditions. What is External Commercial Borrowings? […]
Q.1 What is Startup India? Startup India is a flagship initiative of the Government of India, intended to build a strong ecosystem that is conducive for the growth of startup businesses, to drive sustainable economic growth and generate large scale employment opportunities. The Government through this initiative aims to empower startups to grow through innovation […]
India is home to more than 50,000 startups making India the third-largest startup hubs in the world but like every other sector, the startup ecosystem is being choked due to the heavy toll of this unprecedented COVID-19 pandemic.(i) The pandemic has brought an unprecedented situation where the global economy is falling adversely affecting all businesses in almost all countries across the continents.
Are you a young entrepreneur full of new & unique ideas about any product or service but not getting any platform about how to start it ? If your answer is Yes, then my article on startup will be very useful for you all. This article will let you know about the meaning of startup, […]
Tax Incentive to Business / Service sector/ Industry on salary of new employees On Salary of Rs. 100/- avail tax benefit on Rs. 190/- :- Any business / service sector/ manufacturing industry can claim additional deduction of 30% of salary paid to additional employees, subject to fulfilment of certain conditions. This deduction of 30% of […]
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. […]
