Union Budget 2017; A kickstarter for startups
Budget 2017 has a lot in store for startups making it easy for a lot of aspiring businessmen to enter the market. To begin with, the budget which focuses more on giving some noteworthy concessions to the startups while holding out on some of the major demands, has also focused keenly on the demands of investors. […]
Launching of Dena Stand-Up India – A Scheme for financing Greenfields projects undertaken by SC/ST and Women Entrepreneurs.
Hon’ble Prime Minister has launched Stand-Up India Scheme along with an interactive portal startupmitra.in on 5th April 2016 at Noida. The scheme aims at providing hassle free loans to SCs/STs and Women entrepreneurs for undertaking Green Field projects in manufacturing, services or the trading sector. The dedicated web portal aims at providing handholding support, loans […]
GST and its impact on Start-ups
The announcement about passing of the Goods and Services Tax or the GST bill as is referred to is something everyone seems to be euphoric about and well, it is news worth the noise. The GST bill that was first recommended in 2003 by Kelkar Task Force, was mooted in 2006-07 budget, was supposed to […]
Open Letter to the Finance Minister…
To Shri Arun Jaitley Finance Minister of India Subject: No Capital Gain Tax exemption for Angel Networks, is the move justified? Dear Mr Jaitley, Greetings from the investor community! Firstly, I must applaud you and your Government’s efforts to revitalize the economy and provide an impetus to the manufacturing industry. This was probably […]