Finance : A practical guide on common mistakes that lead to rejection of subsidy claims in India, covering planning, compliance, documentati...
Corporate Law : This guide explains who can apply for SISFS and the financial support offered. It highlights that early-stage startups receive fun...
Corporate Law : The updated framework doubles turnover limits and expands eligibility to cooperatives. At the same time, it introduces strict rule...
Income Tax : The provision grants full deduction of profits for eligible start-ups for three years. The key takeaway is that structured conditi...
Finance : Founders often struggle with investor conversations due to financial jargon. Understanding core finance terms helps founders pitch...
Corporate Law : The issue concerned operationalising a ₹10,000 crore startup fund. It was established that routing investments through AIFs ensu...
Corporate Law : The initiative marks ten years of nurturing startups across sectors and regions. The focus has shifted from rapid expansion to sus...
Corporate Law : The Ministry of Corporate Affairs details new initiatives, including digital forms and a Central Registration Centre, to simplify ...
Income Tax : DPIIT approves 187 startups for income tax exemption under Section 80-IAC. Eligibility extended for startups incorporated till Apr...
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...
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...
Company Law : ROC Pune penalized a start-up company and its officers for delayed filing of e-Form MGT-14 relating to a Special Resolution under ...
Corporate Law : The issue concerned operationalising a ₹10,000 crore startup fund. It was established that routing investments through AIFs ensu...
Corporate Law : The government approved a major fund to enhance startup funding through AIFs. The scheme aims to strengthen innovation, especially...
Corporate Law : The 2026 notification revises the definition of startups, expanding eligibility to more entities while setting turnover and time l...
Company Law : A company was penalised for filing an incomplete and incorrect INC-22 for change of registered office. Startup status helped secur...
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 […]
The COVID 19 pandemic persists to be a health and human crisis, but the impact on business organisations is sagacious. Amidst this crisis, the major focus of Government is on promotion of start-ups as they are much more flexible, easier to run and demand much lesser compliances which is a boon during COVID 19. Also, the start-ups can turn out to be a major task force for e.g. in delivering essential items, tracking movement, logistics etc.
We the youngest generation of India, always wants to do something new, something unique but due to lack of knowledge we don’t know how to get recognition of our work. Somewhere we heard about Start- UP India programme, but most of us do not know about it. So, I’ll let you help in understand about […]
Ever since the Government of India launched the Startup India program, there has been an incredible surge in the number of startups coming up. The Startup India campaign was launched in 2016 in order to increase entrepreneurship and build a strong and inclusive ecosystem for innovation in India. Through this campaign, various aspects of running a […]
Startup India campaign was formally launched by Prime Minister Shri Narendra Modi on January 16, 2016, from Vigyan Bhawan, New Delhi. Now, we have marked 5 year journey of startup India initiative. Government is focusing to make India a $5 trillion economy but it won’t be possible without building a strong startup ecosystem in India. […]
The Start-Up India Scheme was launched by the Central Government in the year 2016. This idea was the brainchild of the honorable Prime Minister of India. It is one of the significant igniting forces in the start-up community of the nation. Start-Up India Scheme aims at forming a robust mechanism of new innovations and experiments. […]
Company Due Diligence meaning: Due diligence refers to an investigation or an audit performed usually before an acquisition, investment, business partnership or bank loan, etc, to check the compliance with financial, legal and environmental reports to validate the business. All such investigation and results of the audit will be summarized in a Due Diligence report. […]
What is the time-frame for obtaining certification of Inter-Ministerial Board for availing tax exemption post successful application? The Inter- Ministerial Board meeting typical takes place once a month. The cases in the meeting are processed in a serial order. The communication regarding the decision is sent to the registered email address of the Startup.
Startup India campaign was launched in 2016 to ensure that the Startups mushrooming in the country have right access to various resources and facilities to grow. There are a lot of incentives for Startups provided by the government like tax exemption, exemptions under various legislations etc.
This article attempts to discuss the tax and regulatory incentives available to Startups. Angle Tax Benefit – An eligible start-up can avail Income-tax exemption on consideration received for issue of shares that exceeds the face value