The Ministry of Micro, Small and Medium Enterprises (MSMEs) has a target to employ around five crore people through the Khadi industry over the next five years, Union Minister Giriraj Singh has said. “We have made a plan to introduce solar-run spinning wheels in KVIC (Khadi and Village Indu…
श्रीनगर: GST की दरें निर्धारित, 7 पर्सेंट आइटम्स पर नहीं लगेगा कोई टैक्स
गुड्स ऐंड सर्विसेज टैक्स (जीएसटी) काउंसिल ने गुरुवार को शुरू अपनी दो दिन की बैठक के पहले दिन अधिकतर वस्तुओं की टैक्स दरों का निर्धारण कर लिया है। प्रस्तावित जीएसटी व्यवस्था में चार स्तर की दरें रखी गई हैं, जिनमें रोजमर्रा के इस्तेमाल की आवश्यक वस्तुओं पर 5 प्रतिशत की न्यूनतम दर रखी गई है। [&helli…
GST Council finalises tax rates on 80-90% goods & services; Keeps essential items in lowest bracket
The GST Council on May 18 finalised tax rates on 80-90 per cent of goods and services under the four-slab structure with essential items of daily use being kept in the lowest bracket of 5 per cent. The Council, headed by Union Finance Minister Arun Jaitley and comprising representatives of all st…
3 reasons why start-ups should outsource digital marketing
A lot of startups would like to get themselves known out there, and actually work hard in their digital marketing efforts. Time after time, I see that a lot of entrepreneurs fail to see what a complicated process digital marketing is, and that they need experts. Some of them hire social media int…
Traders demand a trial period of nine months under GST
Traders body CAIT has demanded that the first nine months of GST implementation in the current fiscal should be treated as a trial period and no penal action should be levied against traders except for habitual offenders. The Confederation of All India Traders (CAIT) has asked Finance Minister Ar…
Xiaomi to back start-ups that enhance mobile experience: VP Manu Jain
Chinese smartphone maker Xiaomi Inc., the world’s second-most valuable start-up, made its first publicly-disclosed investment in India in April of 2017. It led a $25 million round in online entertainment company Hungama Digital Media Entertainment as part of its strategy to introduce local conten…
Starting a new business? Make sure you have these legal paperwork before getting investors on-board
The new wave of Indian enterprise has taken the country’s young blood by storm. The government has created a vibrant entrepreneurial ecosystem, thanks to Startup India, and now anybody can dream of owning a business. However, in recent times, we have seen some start-ups had to shut their do…
Ayesha Takia turns investor for The Good Life Company; Bets $1 m
Online luxury tea brand The Good Life Company has secured $1 Mn in Seed funding from husband-wife duo Ayesha Takia Azmi and Abu Farhan Azmi. The startup plans to use the raised funds to strengthen its operations in Mumbai and to expand services in Tier I cities like Delhi, Bengaluru, and Kolkata.…
Why it is the right time for small businesses to build a mobile app
Mobile apps were once seen as the realm of big corporations who could afford to market them and had the consumer base to benefit. Who would want to download an app for a local restaurant or small online business? However, today the answer to that question is ‘a lot of people’ as more of us [&hell…
Fintech start-up PaySense gets $5.3 m in Series A
Bengaluru: Fintech startup PaySense, which runs a digital credit platform, has raised $5.3 million in its Series-A round, led by Jungle Ventures with Naspers Group and Nexus Venture Partners. The startup had earlier raised $2.3 million from Nexus Venture Partners and angel investors in 2015. PayS…