That the Internet is all-pervasive, is no longer a question of debate. Internet users in India was estimated to be 432 million in December 2016 and the internet population is expected to reach 465 million by June 2017, as per the Internet and Mobile Association of India (IAMAI). With the Internet…
Tag: IAMAI
Get ready entrepreneurs! SAIF Partners plans to invest in 10 new start-ups
Venture Capital firm SAIF Partners which was the early backer in companies such as MakeMyTrip, Paytm and Swiggy is likely to make at least 8-10 new bets during the current year, according to a top executive. “Historically we must have done 8-10 investments in a year. It will go at the same …
Govt to roll out programme for promoting women entrepreneurs
New Delhi: The government will roll out a programme in coming weeks to bring more women into the startup ecosystem by offering them mentoring and capital for setting up businesses. “We are now trying to put together a small startup programme where we want to focus on women in technology. We…
‘Google Tax’ detrimental to start-up ecosystem: Experts
The equalisation levy, also known as ‘Google Tax’ which the government is imposing on online advertising revenue by non-resident e-commerce companies earned in India, is expected to adversely affect the startup ecosystem going forward, according to tax experts. The levy which is at 6 …
Tax filing in vernacular language could be the fastest way to achieve PM’s target of 10 crore tax return filers in India
India’s first vernacular app – myITreturn – supports widening of tax base – supports English and 10 Indian languages. Addressing tax officials at the two day Rajasva Gyan Sangam in New Delhi, Prime Minister, Narendra Modi exhorted the importance of growing the tax payer base and gave …
IAMAI welcomes companies act changes for startups
The Internet & Mobile Association of India (IAMAI) said that that the proposal for Amendment of Companies Act to register startups in one day is a welcome move, and it is a step towards ease of doing business in India. “The focus on leveraging technology to streamline distribution and t…