Corporate Law : Convertible notes and iSAFE both defer valuation but operate under different legal frameworks in India. The article explains their...
Finance : Startup valuation depends on business potential, governance, compliance, and investor confidence rather than financial metrics alo...
Corporate Law : ESOPs can create significant wealth, but many employees struggle with taxation, limited liquidity, and unrealistic expectations. T...
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 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 : The ITAT Pune held that Section 80-IAC does not require startups to complete three years before claiming the deduction. It directe...
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...
A startup is a company that is in the first stage of its operations. It is basically business model that aims to meet a marketplace need by developing or offering an innovative product, process or service
Section 79:-According to the income tax provisions, a closely held company is not eligible to carry forward and set off its losses if 51 % or more of the voting power in the year in which the set-off is claimed is not beneficially held by the same shareholders who beneficially held 51% or more voting power on the last day of the previous year in which the loss was incurred.
Startup India Portal and Mobile App: These have been launched as online platform for providing updates, information, recognition and eligibility certificates to Startups and other stakeholders
Startup Recognition: Till date (18.7.2016), 728 applications have been received for Startup Recognition. Out of them, 180 applications are complete and are recognised as a startup by DIPP. For remaining applications, Startup India Hub provides handholding support to facilitate recognition of more and more Startups.
Provided further that a startup company, as defined in notification number GSR 180(E) dated 17th February, 2016 issued by the Department of Industrial Policy and Promotion, Ministry of Commerce and Industry, Government of India, may issue sweat equity shares not exceeding fifty percent of its paid up capital upto five years from the date of its incorporation or registration.
STARTUP INDIA HUB Startup India Hub was operationalised on 1st April 2016 to resolve queries and provide handholding support to Startups. The hub has been able to resolve 12,290 queries received from Startups through telephone, email and Twitter. To seek clarifications pertaining to Certificate of Recognition as a “Startup”, Certificate of Eligibility to avail tax […]
It has been a very welcome move from the government to promote start ups in the era of sliding out through dip in valuations or non crystallization of their unique business ideas. The government is resorting to all possible mechanisms where these start-ups could provide an impetus to the country’s GDP.
In the recent notification of Reserve Bank of India and to align with the Government of India’s startup initiative, it has been decided that an Indian startup* having an overseas subsidiary, may open a foreign currency account with a bank outside India for the purpose of:
In line with the Government of India’s startup initiative, it has been decided that an Indian startup, having an overseas subsidiary, may open a foreign currency account with a bank outside India for the purpose of crediting to the account the foreign exchange earnings out of exports/sales made by the said startup or its overseas subsidiary.
The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved the establishment of Fund of Funds for Startups (FFS) at Small Industries Development Bank of India (SIDBI) for contribution to various Alternative Investment Funds (AIF), registered with Securities and Exchange Board of India (SEBI) which would extend funding support to Startups.
