Hello folks, We are here again with Part – II of this blog on Angel Tax. Let’s start with Tax Exemptions: Income Tax Exemption on profits under Section 80-IAC of Income Tax Act: The profits of an eligible startups are eligible for deductions for any three consecutive years out of seven years beginning from the..
Start-up India is a flagship initiative of the Government of India. This program is a talk of town now a days and are being publicized by government as a great initiative. Here is nitty-gritty of this much awaited program. Key Highlights: An entity fulfilling the conditions specified below, need to apply to Department of Industrial..
In the first part of our blog, we discussed some key steps entrepreneurs should keep in mind whenthey wish to establish a software firm which were mainly raising funds, developing a business planetc. Today, well talk in depth about the different formalities to be carried out in addition to fewmore crucial factors. Obtain Direct Identification..
It is a known fact that India is the worlds biggest sourcing destination when it comes to the Information Technology sector. The IT industry has put India on the global map and moreover, largely driven economic growth. Software is one of the major divisions of this trade which is growing by leaps and bounds. Young..
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