Allaying investor fears over levy of long-term capital gains tax on share transfer in unlisted companies, the government on February 3 said the move is only to target ‘khoka’ companies and ‘genuine investments’ in startups and through FDI will be exempt. Revenue Secretary …
Tag: Start-ups
Arun Jaitley’s Union Budget didn’t address key concerns of start-ups & SMEs
Budget 2017 has provided tax exemptions to small and medium scale enterprises (SMEs) and start-ups. SMEs got a drop of five per cent on the tax rate, which according to Finance Minister Arun Jaitley, would benefit 96 per cent of businesses. However, what it doesn’t do is to come up with an energi…
US-based Houzz bets on local content for success in India
US-based home design firm Houzz Inc. which opened its India website is hoping to capture the market with local content and communities, the company’s Co-Founder said. Houzz is an online scrapbook that allows designers and home service professionals display their work. This is its thirteenth launc…
Fintech start-ups can lead the way to India’s financial inclusion
India is changing into an effervescent ecosystem offering fintech lending start-ups a platform to potentially grow into billion-dollar unicorns. Although relatively young at present, the sector is escalating rapidly, fueled by the large innovation-driven start-up landscape, and responsive governm…
The 5 commandments of cyber security for start-ups
Cyber Security bounced to the top ten issues in 2016. All large enterprises are currently drastically expanding their investments in cyber security because of the prominent attacks this previous year. The hackers know this and are now adding small and midsize businesses (SMBs) to their attacks as…
Maharashtra to have a new start-up policy soon, says Devendra Fadnavis
Devendra Fadnavis on November 30 said a new comprehensive policy on start-ups would be unveiled in Maharashtra soon. Speaking at the Badalta Maharashtra conclave organised by Loksatta in Mumbai, the CM said a state-of-the-art start-up park had been planned in Pune. He assured young entrepreneurs …
Currency Switch Impact | Entrepreneurs grin & bear the cash crunch
Almost one-third of start-up and SME entrepreneurs have seen a reduction in transactions, reduced fund-raising for expansion and a drop in account receivables after the demonetisation drive; but an overwhelming majority said the move will have a long-term positive impact. These findings are accor…
Ransomware haunts SMEs, attacks up 8 times in Q3: Kaspersky
Even as small and medium businesses as well as start-ups in India try to adopt new technologies to stay ahead of the competition, they lag behind when it comes to deploying the necessary security infrastructure to safeguard their assets. Targeted and custom malware attacks are steadily on the ris…
Stepping out: Angels rush to small towns now to find those heavenly start-up deals
When Ankit Agarwal founded his start-up, HelpUsGreen, in Kanpur in 2015 to recycle temple waste that otherwise would be dumped in the Ganges, many in his home town mocked him. Not anymore. Lately, the young entrepreneur has been busy meeting several local wealthy individuals keen on investing in …
Why big companies should fear start-ups?
I’m in Gurgaon early noon. The dusty road is completely clogged with cars. The other side a road is being constructed and the ground is freshly dug. Braving the traffic, dust and pollution, I manage to reach a non-descript building which has no billboards. A few small trucks are bringing sacks of…