Indian software industry body, NASSCOM (The National Association for Software and Services Companies) has made a proposition to Ministry of Finance that in the budget of 2016, startups be exempted from all direct and indirect taxes including minimum alternative tax to reduce their cash outflow and to help them sustain. ...
Read More »Government sets up SETU to support startup businesses
Union Minister for Skill Development Rajiv Pratap Rudy, said the National Policy for Skill Development and Entrepreneurs envisaged fostering entrepreneurship and grassroots innovation by providing support in terms of fiscal incentives, creation of grass root technology innovation hubs, legal support and market linkages. The government has established a mechanism to ...
Read More »Research potential of the IITs to boost “Make in India”
News: Government of India is leveraging the research potential of the Indian Institutes of Technology (IITs) to meet industry demands for innovative solutions for the “Make in India” initiative. It has created a corpus of Rs 250 crore annually with an aim of giving an impetus to the ‘Make In ...
Read More »Start in Kerala – MacBook Air, iPhone6 and iPad can be Yours!
You probably wouldn’t believe but it’s true. Kerala government is providing Apple phones and laptops and many more to aspiring entrepreneurs in the state under the program called ‘Start-Up Box Program’. This start-up kit is designed to distribute among various technology and industry verticals. The motive behind this scheme is ...
Read More »Registration of Business- Private and Public
Registration rules vary for businesses depending on the nature of the company. According to New Companies Act of 2013, an entrepreneur can form two types of companies i.e. Private Company and Public Company. Guidelines for Pvt. Ltd company- Minimum two shareholders are necessary Two directors required The Company’s Act restricts ...
Read More »Start-ups are the future of India
Innovation and a large number of job creation , have attracted the policy makers most in the last 1 year. Indian Prime Minister Mr. Modi has launched ambitious campaigns such as ‘Digital India’ and ‘Make in India’, much success of these missions depend upon the start-ups. This is also true ...
Read More »Are you an Indian Startup? Check for your financial options!
Financial assistance for start-ups in India To start a business, one of the very crucial thing needed is capital. From starting up to hiring employees to expanding the business, the financial support is the lifeline. There are lots many ways to get funds for a start-up and it varies with ...
Read More »Open a government sponsored pharma store and secure a guaranteed monthly income
New Jan Ausadhi Store (JAS) The JAS scheme launched by the Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers, and Indian government, aims to make quality generic medicines throughout the country. Currently, the scheme focuses on opening a JAS in every district of all the states and it is expected ...
Read More »Start your own dairy business – Get loan up to 30 Lakh
Dairy Entrepreneurship Development Scheme (DEDS) Indian central government last year launched a scheme through National Bank for Agriculture and Rural Development (NABARD) with an objective to bring structural changes in the unorganized sector of dairy farming. It also aims to setting up of modern dairy farms and providing employment opportunities for ...
Read More »