Year 2023 and onwards is being betted as India’s decade. This would not just be India’s decade but also the decade of Investors who would be investing in India over this decade. As India eases up the operational hazards of doing business, legal regulations, and swiftness of transactions, more Investors are being drawn to India. […]
As the business, and outsourcing process of reliance on experts and professionals has increased over the past two decades, optimization of business processes is essential in today’s environment. As of 2022, a total of 80,152 startups had been officially recognized by DPIIT, which number is on the rise with 21 Unicorns born in Year 2022[…..]
Since the launch of Startup India campaign in 2016, India has become a hub for start-ups over the recent years due to high growth rates and other factors. According to the Economic Survey Report 2022-23, the number of recognized startups has increased to 84,012 in 2022 from 452 in 2016. India has the 3rd largest[…..]
The Finance Minister of India presented Budget 2022 on 01 February 2022. With respect to Cryptocurrency, this is the first time that Tax department has elaborated its focus and clarity on taxing the digital assets. Digital Assets and Virtual Currency has now been covered within the tax ambit and has now been defined in the[…..]
1. Identifying and understanding the purpose of valuation:- The process of valuation of a business in other words is simply a story of the business itself written in the words of the person performing the valuation. The purpose behind the entire story(valuation process) of the business influences a lot of measures that are used to[…..]
A start-up is a company that is in its initial stage of business. To bring the idea to life or to scale up, funding is required which is one of the significant challenges that the entrepreneurs face because it requires convincing others that the idea is a solid investment. According to an Inc.com article, “Only[…..]
The Finance Act 2020 has introduced several amendments to the Income Tax that were applicable for the Fiscal Year (FY) 2020-21. The new Amendment’s main goal is to reduce the tax compliance burden during the ongoing COVID-19 pandemic. According to ITR filing experts, there has been positive amendments in past 3 years for salaried person[…..]
The private sector and start-up culture in India is coming of age since the last 30 years of the economic reforms in 1991 which promoted globalization and increased FDI. Increased investments in business lead to increased employability and helps generate new jobs. Most of these employees working for a company, especially startups look for lucrative[…..]
Virtual CFOs are finance professionals who provide outsourced services to organizations for successfully running the finance function along with guidance of expert advice. Managing a startup company is a huge task, along with preparing financial statements and looking for investing prospects, Virtual CFOs bring you all this over a phone call, video call despite being[…..]
What is Capital Gains? Capital gain is an excess in the value of a capital assets (investment or real estate) than the purchase price of the asset. The surplus is not realized until the asset is sold. A capital gain may be short or long term, i.e., less than one year or more than one year and must[…..]