In order to boost the government’s Startup India, Standup India movement, the Department of Industrial Policy and Promotion (DIPP) is reportedly formulating a new set of tax concessions on employee stock options, unlisted securities and convertible instruments. The latest Union Budget is expected…
Tag: Standup India
India asks China to address trade imbalance
India has asked China to address the burgeoning trade imbalance while making a strong pitch for Chinese investments in its micro, small and medium enterprises (MSME) sector, specially in fields like IT, digital, mobile components and automobile ancillaries. “India’s MSME sector is poised fo…
Kalraj Mishra inaugurates incubation cell at IIFT Delhi
Kalraj Mishra, Union Minister of MSME inaugurated Incubation Cell at at IIFT Delhi on July 18. Highlighting the initiatives taken by the government for uplifting the entrepreneurial spirit of youths in the country under Startup India, Standup India and Atal Innovation Mission, Mishra said that th…
MSME Minister Kalraj Mishra lists NDA Government’s two year achievements ( 2014-16)
Union MSME Minister Kalraj Mishra and MoS (MSME) Giriraj Singh interacted with media and listed the achievements of the Ministry in last two years. Mishra stated that one of the main changes which have been brought by him in the Ministry is transparency and accountability in implementation of Sch…
Gujarat e-commerce entry tax will pose challenges | Nasscom
The bill by Gujarat government to levy entry tax on interstate e-commerce transactions will pose significant commercial challenges to all stakeholders, industry body Nasscom said on April 14. “This levy of entry tax poses significant challenges both commercially and operationally for the e…
GIS can enable decision making be fast and transparent | Dr. Kamal Jain, IIT Roorkee
Whether yours is a small business or a multinational conglomerate, you can bank on two things: a lot of your information will be geographically referenced, and the more information you have, the harder it becomes to manage and interpret. In such complication, Geographical Information System (GIS)…
Varun Mirchandani, ONICRA ED | Budget well balanced, focuses on SMEs
With an estimate over 57.7 million, Indian MSMEs contribute 8% to the total Gross Domestic Product (GDP) and account for 40% of the total Indian exports. MSMEs lead to entrepreneurial development and diversification of the industrial sector. Budget 2016 has tried to, and has, well-balanced the ec…
‘Startups’ with social entrepreneurship have wider impact: Dr. Jitendra Singh
The Union Minister of State (Independent Charge) for Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr. Jitendra Singh inaugurated the “School for Social Entrepreneurs” (SSE) . In his inaugural address, Dr. Jitendra Singh st…