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...
First prima-facie impression and euphoria of the Union Budget 2020, especially the Finance Bill 2020, appeared to be of one a taxpayer-pro budget, with the Queen (Read FM), giving copiously to her masses. But is this euphoria for a real?
Hello everyone, hope you all are doing well. This blog focuses on exploring the unknown elements of the Union Budget 2020-21 and analyses impact of proposed changes in Tax on Indian economy. Nirmala Sitharaman (Finance Minister (FM)) played very safely in his debut budget last time and kept distance from crucial issues to serve justice […]
Employee stock options (ESOP) are part of an Employee benefits program offered by Startups to engage the employees in a more effective manner. The ESOPs issued to the employees provide them the benefit or right to purchase the shares of the Employer company, at a predetermined price, in a future date. Widely considered as a […]
Prime Minister Narendra Modi started the Startup India Campaign in 2016 to boost entrepreneurship in India. The action plan aimed at financing for startups, simplifying the incorporation of startup process and grant of various tax exemptions and other benefits to startups. In line with this initiative, the government launched a policy framework, Startup India Action Plan. Startup […]
Are you a start up? Here’s a list of registrations you need to obtain to start your business. What Is a Startup? A startup typically means a company that is in the first stage of its operations. A startup is a young company that is just beginning to develop. Startups are usually small and initially […]
Article explains Eligibility For Startups In India, Tax exemptions allowable to eligible startups which includes 3 year tax holiday in a block of seven years, Exemption from tax on Long-term capital gains, Tax exemption on investments above the fair market value, Tax exemption to Individual/HUF on investment of long-term capital gain in equity shares of […]
Angel tax, a direct tax imposed on some start-ups but before we start discussing on Angel tax we need to get back a few steps to understand it in a better way. Start-ups born from entrepreneurial dreams. Now, who can be a certified start-up? If you want to certify your firm as a start-up as […]
The Union Minister of Finance & Corporate Affairs, Smt. Nirmala Sitharaman, started her Pre-Budget Consultations with different stakeholder Groups in connection with the forthcoming General Budget 2020-21 here today. Her first meeting was with the stakeholder Groups from Digital Economy, Fintech and Start-ups .
4 Major Tax Exemptions to Startups includes Income Tax Exemption on profits under Section 80-IAC of Income Tax (IT) Act, Tax Exemption on Investments above Fair Market Value, Introduction of Section 54EE in the Income Tax Act, 1961 and Amendment in Section 54GB of the Income-tax Act.
The ensuing journey of this ‘start-up’ company through the regulatory framework of our country encompassing within its fold the compliances with the respective Legislative Acts concerning the Environment Clearances (air & water pollution), Income Tax, GST and Provident Fund, to name a few, will help us to reflect upon us the harsh realities of the actual regulatory framework in our country.
