The government fore-show that to foothold the interest of micro, small and medium enterprises (MSME) will get bifurcated norms for insolvency proceedings.
As per Commerce and industry ministry, a total of 5,350 start-ups recognised by the Department of Industrial Policy and Promotion
To build up the startup growth in India, Internet and Mobile Association of India (IAMAI) industry along with tax consultants has recommended lowering the taxes for angel investors. The idea behind this introduction is to curb generation and use of unaccounted money. IAMAI recommends that the one could limit the scope of taxation, exclude investments … Continue reading “Taxes for angel investors to be lowered to buildup startup growth”
Micro, Small and Medium Enterprise (MSME) Expo 2017 second edition, beginning here from December 15, will act as a common platform to connect Government, PSU, MNCs and International Business communities with Indian Micro and Sal and Medium Enterprises and is expected to generate Rs 50 crore business. The expo is being jointly organized by the … Continue reading “MSME expo in December is plausible to generate Rs. 50 cr Business”
Startup India Scheme is a programme placed into the orbit by Honorable Prime Minister in January 2016. The objective of this scheme is to provide funds to the state of the artist whose invention is towards innovation and development. Let us look towards benefits covered under Startup India Scheme: Registration Process Simplified: The government has … Continue reading “Benefits to look for in Startup India Programme”
The government is planning for a further reduction in start-ups and 3-month exit plan for the ventures who fail to flourish.
With the emphasis on the startups of startups like Flipkart and Ola, they have been brake on the magnificent increase in the salaries of their employees. The salary of these employees was 3-4 times higher than the industry average, but now they are matching their counterparts in the traditional sectors.
If you are thinking about taking advantage of the Startup India program then you have to fulfill one of these conditions. In order to qualify for Startup India, you have to tell how many new employment opportunities will be created from your plan.
Chamber of low-cost housing projects after Demonetisation. In the January-March quarter this year, home buyers had to face the difficulties after the Demonetisation, but despite this, they have not changed the decision to buy their dream house.
It’s hard time for affordable housing. In the Delhi-NCR region alone, over one lakh apartments are likely to be built in this segment in the next couple of years, with builders betting on a spurt in demand following sops announced by the government in this year’s Budget. Supertech, Signature Global, Gaursons, Raheja Developers, BDI, Tulip and many others are planning to launch residential projects in this category.
Starting and registering a business is an important step in an entrepreneur journey. After successfully get started, everybody wants to grow their business and to go global. Import and export outside India is one of the way of doing this. Here we will guide you, how you can apply for Import export code (IEC). A) … Continue reading “Import Export Code Registration”
Startups will soon be able to take loans of up to Rs 5 crore without collateral through a credit guarantee scheme prepared by the government.
In keeping with his push to steer India towards a digital economy, Prime Minister Narendra Modi on Friday launched a new e-wallet app, BHIM, named after founding father Dr BR Ambedkar, to make it easier to transact online. The Aadhaar-based mobile payment application will allow people to make digital payments directly from their bank accounts. … Continue reading “BHIM App Launched, PM Narendra Modi Says World Will Google For It.”
State Bank of India (SBI), the country’s largest lender, has reduced its marginal cost of funds based lending rate (MCLR) by a whopping 90 basis points. Among the steepest interest rate cuts in a long time, the move is aimed at boosting loan growth, which has fallen to a multi-decade low. MCLR is the benchmark … Continue reading “Loans to be cheaper as SBI slashes rate”
Vide the Companies (Incorporation) Amendment Fifth Rules, 2016 dated 29th December 2016, INC-2 is deprecated and INC-7 shall be used for incorporating Part I Companies and companies with more than seven subscribers only. The revised INC-7 shall be made available on the portal for filing purposes w.e.f 15th January 2017. For incorporating OPCs and Companies … Continue reading “INC-7 form withdrawl for incorporating OPC and Companies with up to Seven Subscribers”
Submitted by business_centrik on 16/02/2017 The Union Cabinet on Wednesday approved the merger of State Bank of India with five of its associate banks including State Bank of Bik aner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala, and State Bank of Travancore. The merger proposal was announced in May 2016 … Continue reading “Cabinet approves SBI merger with 5 associate banks”
Submitted by business_centrik on 31/01/2017 All limits on cash withdrawals from current accounts removed with immediate effect. The Reserve Bank of India (RBI) has removed the cash withdrawal limit from current accounts, cash credit accounts and overdrafts, with immediate effect. The RBI also announced that from February 1, the withdrawal in a single day from a savings … Continue reading “From Feb. 1, SB account holders can withdraw ₹24,000 from ATMs in one go”
Submitted by business_centrik on 06/01/2017 The country’s largest lender State Bank of India will take the lead among state-run lenders to launch branch less banking called SBI Digi Bank, something similar to what Citi or DBS have done elsewhere in the world. The Digi Bank will have a financial superstore, a market place, and end-to-end digitisation for all … Continue reading “SBI to launch its own version of digital only bank soon”
Submitted by business_centrik on 28/12/2016 The penalties will be imposed on anyone who possess old Rs 500 and Rs 1000 notes post December 30, as the last date to deposit the demonetised money in banks would expire on this date. Only selected RBI branches would accept old currency of Rs 500 and Rs 1000 after December 30. … Continue reading “Holding old currency beyond March 31 could lead to a hefty fine or imprisonment”
Submitted by Tax_centrik on 19/12/2016 As GST would going to implement from April 2017, all existing tax payers registered under Service tax, Excise and other state laws such as VAT, need to get register themselves for migrated in to new tax regime- We are providing you list of date of opening and closing of registration for GST … Continue reading “GST Registrations Starts”