Many serious and positive measures have been taken by the Indian Government to list India in top destinations for Ease of doing business. Indian economy is extremely lucrative from an investment perspective, however, the two roadblocks always has been in Progressive government policies and complexities in legal formalities and corporate law regulations for foreign entities. […]
India offers location savings due to lower cost of rentals, man-hour cost and overall standard of living owing to being an Emerging economy. This attracts Companies outside India to set up operations in India. However, considering that, a major aspect to consider while setting up a company in India is foreign exchange fluctuations, tax rates[…..]
India emerges out to be one of the most promising economies in recent times in terms of potential return on investment, and with increased ranking of India in “Ease of doing business”, it has attracted many Offshore companies into setting up operational presence in India. Considering above, it becomes imperative to analyze in Detail[…..]
The decade of 2010-2020 marks a phase of significant change not only in demographics and overall standard of living of Indian population, but also in the mindset of the Youth and their aspirations. Startups have emerged as an expression of the New India presented through innovation in the approach and manner of creating these[…..]
With Globalization, and embrace of the new open economy culture came into existence another menace – MONEY LAUNDERING. The global community realized and established that perhaps the tool designed and created for growth of an economy became the termite that could eat it too. With that realization and finding, Political Declaration and Global Programme of[…..]
Accounting and bookkeeping services in India are often taken as same services in business. A lot of minds would be in the dilemma of “Isn’t a bookkeeper an accountant?”. Well, there is a huge difference in both terms. So, what’s the difference between a bookkeeping service and accounting service? Difference between Bookkeeper and Accountant So[…..]
There are many myths about entrepreneurship and false beliefs that often misguide an aspiring entrepreneur in taking wrong steps. Thus it is necessary to clear such myths and have a clear picture of Entrepreneurship in India. Widely believed myths about Entrepreneurship in India: A lot of fund is required for a start-up:This is one of[…..]
In recent years, India has become a hot destination for startups. With India’s rank in ease of doing business improving to 77, this is a clear indicator of a conducive business environment which has led to incorporation of many startups. But for any startup, scaling and running operations requires capital which comes in form of[…..]
The ‘StartupIndia’ scheme was launched by the Indian government on 16 January 2016. This scheme comes under the ‘Make in India’ scheme. The aim was to encourage entrepreneurship in India. First, let’s take a quick look at ‘Make in India’ scheme. On 25 September 2014, Prime Minister Narendra Modi launched the “Make in India” initiative.[…..]
What is Angel Tax? It is basically a term used to refer the income tax payable for the start-ups on the capital raised by them, or unlisted companies via the issue of shares through off market transactions.. The rate of angel tax was a hefty 30.9 per cent. This was applied not just to mature[…..]