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The SEIS scheme intends is to make export services from India ready for action, competing on prices head on, with other nations. The scheme incentivizes the services suppliers of notified services with Duty Credit Scrips at the rate of 3% or 5% on their net overseas exchange income.… Read More
Start-up founders are extraordinary designers, technologists, and visionaries, with degrees from one of the finest colleges in the country. However, many are unaware of the basic legalities that go in starting a new business – for instance, the right type of business registration.… Read More
Phishing, probing, website infringement, vandalize, malicious code, and data violation are only a few of the many cybercrime in which hackers can ruin your business websites, root operational disturbance and/or steal sensitive information.… Read More
The GST reform was implement only about two years back and is one of the biggest reforms in the nation since independence. The GST is a single tax on the provision of goods and services across the nation, which means that the end consumers now only endure the GST charged by the last dealer irrespective of how complex the supply chain is.… Read More
The Indian start-up ecosystem is buzzing with activity. Per a recent KPMG study, the number of start-ups has grown seven folds from only 7000 ten years back to a whopping 50,000 now.… Read More
India is a marketplace for startups. And with extensive support from the government and investors, the startup ecosystem in India is booming. However, starting up a business involves policy regulations and rules, taxations and turnaround time for registration and entrepreneurs need to have a clear understanding of these for their business to bloom.… Read More
Politics can have an enormous impact on how Start-ups can either thrive or grow or get mired in legal and legislative battles. The Narendra Modi-led coalition for a second term with a strong mandate is likely to help the Government help implement reforms smoothly.… Read More
Updates pursuant to 32nd GST council meeting:
# The Central Government has decided to provide two threshold limit for GST registration for suppliers of goods, Rs.20 lakhs and Rs.40 lakhs. However, each of the individual State Governments must decide on the threshold limit within a week as the State’s revenue is also tied to GST.… Read More
Key takeaways for Individual taxpayers effective from April 1, 2018
A standard deduction of Rs. 40,000 has been introduced for salaried taxpayers and individuals who receive pension.… Read More
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