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 : Explore common reasons behind startup failures, including poor planning, funding issues, market misfit, and regulatory challenges....
CA, CS, CMA : A guide to DPIIT registration for startups, including eligibility, application process, document requirements, and benefits like t...
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...
I always believed that when it comes to the fact that who is the best nation to produce skilled and mindful entrepreneurs, no doubt it is India but new generation is just weakening my stand on this aspect.
Taxability of Share premium under Section 56(2)(viib) of Income Tax Act, 1961 Section 56(2)(viib) of the Income Tax Act,1961 was introduced in the Finance Act 2012 which requires a Company (issuer), not being a company in which the public are substantially interested, to issue shares at Fair Market Value (FMV). Any consideration received by such issuing […]
Exemption to Start Ups from the provisions of Sec 56(2)(viib) of IT Act,1961 Exemption has been given to Start Ups for the purpose of clause (viib) of sub-section (2) of section 56 of the Act. CBDT through Notification No. 13/2019 granted exemption to startup companies from angel tax w.e.f. 19.02.2019 if such companies fulfill the […]
In the summer of 2015, I was having an exciting discussion with my client who had just incorporated a new technology start-up. I was, and still am, an old schooler and asked him what’s path for profitability and breaking even. He was amazed and immediately stopped me there and said we are playing the valuation […]
In this Editorial the author shall elaborate the procedures for registration of an entity under ‘Startup India’, an initiative by the Government of India launched in January 2016. Through this scheme, the government is looking forward to driving sustainable economic development and enhance employment opportunities in India. The Procedure to register Startup is simple and […]
There are reports in a certain section of media that the growth of direct taxes collection for the FY 2019-20 has fallen drastically and buoyancy of the direct tax collection as compared to the GDP growth has reached negative. These reports do not portray the correct picture regarding the growth of direct taxes.
GOOD DAY Hereby, I wrote an article on “how to get registration under start-up india”. But before going to main agenda let’s discuss few concept about the same:- Definition: A startup company, or simply a startup, is an entrepreneurial venture in its early stages of operations typically aimed at resolving a real life issue with an […]
Due to outbreak of ‘COVID-19’, there is lockdown in the entire country. Everyone is talking about slowdown in the economy due to reduction in demand, lower income levels, job cuts & consequently fall in GDP figures. There is lot of uncertainty how businesses can survive. ‘Uncertainty’ refers to situations involving imperfect or unknown information. It applies to predictions […]
In the recent years, the Indian Startup ecosystem and Small Business Ecosystem has taken off and is on the verge to get mature. In a young country like India, with the population of around 1.3 Billion out of which around 30% are youth between the age of 15-24 years, these startups and small businesses emerged […]
Start up is the policy measure of the government of India, Ministry of Commerce and Industry to give stimulus and boost to the Innovative Talents to set up the business. These start up needs to get registered with Department of Industrial Policy and Promotion (DIPP) which will grant them a certificate, if all the conditions […]
