If demonetisation got ‘Acche Din’ for digital payment companies, further tax incentives and rewards are things these entities are hoping for in the upcoming Union Budget to ensure customers stick to digital payments instruments and don’t migrate back to cash. Companies in this space are hopeful t…
Budget 2017
Budget 2017: Start-up bodies appeal for relaxations in tax policies
Prominent startup industry bodies including Indian Angel Network, NASSCOM, Indian Venture Capital Association, TiE and Mumbai Angels have jointly appealed to the government to review taxation policies that adversely impact the startup ecosystem. “Startups have been facing practical difficul…
Budget 2017: Will Modi govt improve upon existing start-up schemes?
While the Modi government is expected to announce a slew of sops including extended tax exemption for startups in the Budget. It is expected that many of these schemes will get a face-lift during this year’s Budget. Here is a look at key announcements made during the launch of Start Up Indi…
बजट 2017: कॉरपोरेट टैक्स घटाने की मांग, कंज्यूमर सेक्टर को मिलेगी राहत
आम बजट 2017 में अब बस दो हफ्ते का समय रह गया है और हर कोई बजट को लेकर वित्त मंत्री अरुण जेटली से उम्मीद लगाए बैठा है। अगर कंज्यूमर सेक्टर की बात करें तो उसकी सबसे बड़ी उम्मीद कॉरपोरेट टैक्स में कमी को लेकर कदम उठाए जाने की ही है। कॉरपोरेट टैक्स घटाने की […]
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Right time for path-breaking Budget
Budget 2017-18 will be path-breaking. For one, it will be presented on February 1 instead of February 28 as was the practice. For another, this will be the first unified central budget, merging the railway budget with the main budget. Besides, this budget will do away with the distinction between…
Post-demonetisation, budget to offer tax cuts for SMEs
With the impact of demonetisation on the Small & Medium Enterprises (SMEs), Finance Minister is likely to provide tax cuts to boost the SMEs businesses that have faced the hardships in the past few months. This year budget would likely be announced on Feb 01, 2017 and the government has time …
बजट 2017: Startups के लिए टैक्स छूट की अवधि 3 साल से बढ़ाकर 7 साल हो सकती है
प्रधानमंत्री नरेंद्र मोदी के महत्वकांक्षी प्रोजेक्ट स्टार्टअप इंडिया इनिशिएटिव के हाल में एक साल पुरे हुए हैं। बेंगलुरु से लेकर भुवनेश्वर और जयपुर से लेकर दिल्ली तक भारत के कई शहरों ने इस पहल का फायदा उठाते हुए इनोवेशन और उद्योग के क्षेत्र में बहुत बेहतर प्रदर्शन किया है। अब सभी की नजरें 1 फरवरी …
Budget 2017: Tax breaks for PEs, VCs, angel investors & hedge funds?
Finance Minister Arun Jaitley may propose to create a favourable tax environment for venture capitalists (VCs), private equity (PE) firms, angel investors and hedge funds as part of the broad strategy to ease fund flow to start-ups and small businesses. The measures, likely to be announced in the…
Budget 2017: Nirmala Sitharaman hints at tax sops for start-ups
The Department of Industrial Policy and Promotion (DIPP) has submitted a list of suggestions received by startups to the Finance Ministry, Minister of State for Commerce and Industry Nirmala Sitharaman shared on the sidelines of an event marking the one year anniversary of the Startup India initi…
Budget2017: A wishlist from India’s start-up entrepreneurs
This year’s Budget to be announced next month is expected to be a big one for startups which are reeling under the impact of demonetisation. The government may announce a string of initiatives to support them, including widening of the tax-free regime to five years from three years and faster pro…