The government has broadened the ambit of its Merchandise Exports from India Scheme (MEIS) and scrapped a requirement for exporters to submit landing certificates of goods to avail of benefits under the MEIS, as it steps up efforts to improve the ease of doing business and reverse a slide in the …
Union MSME Minster Kalraj Mishra appreciates JK govt for PMEGP implementation
Appreciating the work of State Government in Prime Minister’s Employment Generation Programme (PMEGP) during 2015-16, the Union Minister for Micro, Small and Medium Enterprises (MSME) Kalraj Mishra on Sunday, May 08 said that 23,140 people of Jammu and Kashmir were employed in 3,772 PMEGP units a…
DIPP will issue new UBIN shortly for budding entrepreneurs | DIPP Secretary Ramesh Abhishek
“Department of Industrial Policy & Promotion (DIPP) has begun an exercise for issuance of Unique Business Identification Number (UBIN) for budding entrepreneurs to start off their new businesses without any delay”, said its Secretary, Ramesh Abhishek here on today. While delivering his remark…
Cloud telephony company Knowlarity acquires customer engagement platform Smartwards
New Delhi, May 9th 2016: Knowlarity Communications, Asia’s leading cloud telephony company, announced the acquisition of Delhi-based Smartwards, a customer engagement platform that simplifies loyalty for local businesses and their customers. As part of the move, Shantanu Mathur and Dhanraj Singh …
Ola and Neev Finance now help driver-partners’ Children Get to School
India’s most popular mobile app for transportation, has partnered with Neev Finance, to provide easy school education for the children of Ola’s driver-partners as part of its reward-oriented program for its driver-partners, Ola Stars. This first of its kind initiative allows loan options for driv…
CIITrade.in B2B E-commerce platform powered by cloudBuy now opens for business
cloudBuy plc, the global provider of cloud-based e-commerce solutions, announced that CII (Confederation of Indian Industry), India’s largest Industry Association has opened www.CIITrade.in, a B2B e-commerce platform, which will enable its members and other businesses to trade online. CIITrade.in…
Solar power only solution to fight against pollution: Dr. Bhure lal
Chairman, Environment Pollution (Prevention & Control) Authority for Delhi-NCR & Member, Supreme Court Monitoring Committee, Dr.Bhure Lal on Friday asked India Inc. to invigorate and intensify its R&D efforts for generating sufficient solar energy for India’s mass consumption and enab…
Nasscom, Facebook ink MoU to engage with India’s entrepreneurs
The trade body of Indian IT firms NASSCOM has signed an MoU with Facebook to build a product design initiative to engage the country’s young entrepreneurs into becoming problem solvers and solution builders. Signed in Silicon Valley this week, the NASSCOM-Facebook initiative is likely to pr…
Start-ups formed under Limited Liability Partnerships to get three-year tax holiday
The Modi-led Government has given a boost to the start-up ecosystem in the country by allowing start-ups, set up as Limited Liability Partnerships (LLPs), to be eligible for a three-year tax holiday. This forms part of the 55 amendments moved by Finance Minister Arun Jaitley to the Finance Bill 2…
Govt drops cap gains tax on startup shares held for 2 yrs
In a fresh boost to startups, the government on May 5 inserted an amendment to the Finance Bill to provide for capital gains tax exemption if shares of an unlisted company were held for more than two years. Currently, there is no capital gains tax on share transactions in listed companies if thos…