In order to strive and succeed in the market, every entrepreneur has to tactfully thwart legal hurdles, its possible with the help of smart and big in house legal departments, and its affordable only for
Suppressing the notification vide number S.O. 1131(E) dated 5th March 2019, the Central Board of Direct Taxes (CBDT) has notified the exemption to startups on income tax chargeable under the head ‘Income From Other Sources’
Reportedly, Government has decided to give exemption to Startups incorporated before 2016 that have got up to Rs 10 crore in angel funding. They won’t face angel tax, once changes in the regime are finalized
The National High Speed Rail Corporation Limited invited applications for the post of Assistant Manager (Finance) Qualifications CA/CMA Two years fulltime post graduate degree in MBA with specialization in finance or equivalent from recognized University
The National High Speed Rail Corporation Limited invited applications for the post of Manager (Finance) Qualifications CA/CMA Or Two years fulltime post graduate degree in MBA with specialization in finance or equivalent from recognized University
On February 1st, Finance Minister Nirmala Sitharaman introduced the Interim Budget 2024 in Parliament. An important feature is the prolongation of the deadline for the incorporation of Startup LLP/Company to qualify for the Section 80IAC
The Ministry of Corporate Affairs (MCA) notified 22 January 2021 as the date on which 11 provisions of the Companies (Amendment) Act, 2020 will be enforced. Sections 2, 11, 25, 27, 53, 55, 58, 59,
The Department of Industrial Policy and Promotion recently notified a new amendment for easing the norms of startups funding. Startups with less than Rs10 crore Funding can seek Exemption from Angel Tax from an eight-member
Various Tax Exemptions have been given to Startups in the recent past - The following direct tax incentives were provided in Income Tax Act,1961 to promote Start-ups through Finance Act, 2016: Introduction of new section 54EE
Recently, the Delhi High Court while giving relief to the startups from angel tax ruled that if a proper methodology is followed while valuing a company during valuation rounds, it should not be challenged later.
The income tax department has confirmed that it has allowed tax exemption to 120 startups from paying taxes on funds raised from angel investors. An intimation has been sent to the startups in the last
The Government of India has continuously engaged with all stakeholders to address relevant issues related to the Indian Startup eco-system, the Minister of State of Commerce and Industry, C R Chaudhary, said in written replies
The institute of Chartered Accountants of India ( ICAI ) under the Committee for Members in Industry & Business (CMI&B), seek applications from start-ups desiring space and facilities at incubation centre at ICAI Bhawan, BKC,
A group of Indian startup founders has initiated a plea to the highest government authorities in response to the recent regulatory actions taken by the Reserve Bank of India (RBI) against Paytm Payments Bank. On
The Government has decided to remove “angel tax” for investors providing funding to startups. Recently, the Prime Minister announced the Government-approved plan of granting relief to funding to startups. This is with an ambitious plan