Today, non-disclosure agreements exist in almost every industry. Companies utilize NDAs for a variety of reasons, ranging from safeguarding sensitive information to settling potentially furious former employees. NDAs are, at their essence, a technique for limiting the amount of information that leaves an organization. Through this article let us try to understand why we need a non-disclosure...
Post the pandemic, the government of India is on a mission to build a strong startup ecosystem. For the support and benefit of entrepreneurs, the government has created a ministry that is dedicated to assisting new businesses and providing them with valuable expertise and other facilities in order to grow. Considering the fact that the country is offering various government schemes to...
Startups today are playing a crucial part and contributing handsomely to the growth of the economy. They are the vibrant, diverse and innovative channel through which smart ideas and tech are changing the way we live. Additionally they are creating more jobs, building value in products, adding to the foreign exchange kitty, improving the standard of living and a lot more. It is evolving so fast...
The subject of taxation in India is such that the very mention of the word is sufficient to bring up a really mixed bag of opinions. The other notable thing being, how wildly these opinions will oscillate between the well informed and the ill-informed. But yes, you just cannot escape the fact that everyone will have their own opinion on this somewhat complicated and often misunderstood subject...
Startups have been quite the thing over the last decade or so. Almost every day, someone, somewhere is attempting to start a business. Becoming an entrepreneur is no easy feat. There is the difficult question of what business to open that entrepreneurs must ponder on as this is critical to the success of their business. Easy business ideas are available online however entrepreneurs must research...
A special economic zone (SEZ) is a designated zone or enclave within a country’s national borders with more permissive economic laws than the rest of the country. It’s a duty-free zone within a country with its own set of economic and commercial laws, primarily to attract investment and job creation. Apart from creating job opportunities and encouraging investment, SEZs are established to...
The micro, small and medium enterprises development (MSMED) Act of 2006 states that an MSME is any micro, small and medium enterprise (MSME), operational in the manufacturing or service sector. A new MSME definition further categorized them based on the value of their individual investment in equipment and the annual turnover of the enterprise. The importance of MSMEs can be gauged from the fact...
Fundraising is an inevitable part of a startup’s growth curve and there are different stages of funding that it goes through, to expand its services and function at an optimal matrix of performance and profitability. These different rounds of raising funds, pre-seed, seed and series rounds, help it to infuse essential capital at timely stages into the venture which keeps it well aligned to preset...
The early-stage startup ecosystem in India is flourishing. Fresh reports indicate a steady uptick in the number of incubators and a growing trend of young minds being more inclined towards entrepreneurship. No wonder the startup sector in India is today a vibrant vertical, full of innovative ideas and performance driven parameters, which have surpassed all previous benchmarks and are now playing...
Over the last few years, a bold new breed of entrepreneurs bursting with ideas have emerged on the Indian business landscape. Nimble and confident, they are raring to scale up their global ambitions. This is the startup generation. According to the Economic Survey 2021-22, the Department for Promotion of Industry and Internal Trade (DPIIT) has officially registered over 61,400 startups in India...
