For decades, taxation has been the key source of revenue for governments all across the world, including India. The country has a well-structured tax system that employs both liberal and progressive taxation depending on income and other criteria, with the national and state governments determining the rates. Tax income is the money received by the government and can be used for a variety...
Whether you own a large or small business in India, you must file income tax every year to remain tax compliant. The company’s legitimacy is enhanced by the filing of taxes. Filing taxes is a once-per-year activity. If you have no past experience, it may appear to be a daunting task, and the entire process must be handled with caution. Even a tiny misstep might lead to a plethora of issues...
The startup industry has gained prominence in many parts of the world in the past few years. With the explosion of technology and young people wanting to start their own businesses, we definitely need more startups, and the number continues to rise in India. The importance of startups in India resides in their potential to address a wide range of concerns, from employment to innovation, growth to...
With one of the world’s greatest start-up ecosystems, India is quickly becoming the favourite home for unicorns, from Urban Company to Byju’s, from Up grad to Nykaa. According to statistics, Indian start-ups have flourished in recent times, with a total investment of $6.6 billion in 2018, rising to $10 billion in 2020, and then to $36 billion in 2021. Clearly, India has a plethora of...
Are you a start-up-er? Ever heard of that term before? My guess is you haven’t. Well a start-up-er is an individual who is passionate about working with small, driven groups of entrepreneurs, wearing multiple hats and working long and crazy hours in order to achieve a target or complete a goal. Further, these individuals on the hunt for jobs in start-ups in India thrive in an environment that is...
When setting up an LLP company it is imperative that one follows the proper procedure of registering the business and obtaining various unique identification numbers by which the business is registered. These numbers such as the CIN and DIN are necessary and customers should know these numbers. It is mandatory for companies to display these numbers on their invoices, bills, letterheads etc., as...
Knowing the right people in the right place can get things done; this is such an age old adage that still holds good, especially in these challenging times when entrepreneurs are looking at every avenue to push their startups to the next level. Plain good old relationships management is now termed as networking but yes it has taken on a dynamic form of its own and has assumed a very hard to...
In the new millennium, global trade is a booming industry. It is not, however, a brand-new concept. In the middle ages, caravans delivered silks and spices. Seeds and salts were in low supply and in high demand on a regular basis. People were anxious to get their hands on these treasures and would travel or pay others to do so. Thus began the history of international trade. In India, trade has a...
Are you a new startup business owner or founder who is gearing up to launch your product sales process with your reliable team of sales professionals? This is an important step and a stepping stone to a future filled with business success. It could also be that you are planning to expand your startup and are gearing up to explore unknown territory. You may have your company scaling at an...
In a world that seems awash with the word startup the popular concept today has become a hallmark across nations. Emerging markets and developed economies are both experiencing a rise in startups. We can safely say that this trend will become the core industry in the near future. India is not new to the start-up concept. In fact, it has been inundated by the trend in the past few years. Startup...
