In these testing times of the outbreak of the COVID-19 pandemic, businesses are the net sufferers. All companies are required to follow statutory compliances annually as per the provisions of the Companies Act, 2013. A company that fails to adhere to the compliances is called a defaulting company. Such companies are tagged as Non-Compliant by… Continue reading Company Fresh Start Scheme, 2020
Category: Start-ups
Write-up on MSME & TReDS
In these testing times of the outbreak of COVID-19 pandemic, businesses are the net sufferers. Coming months may see the businesses facing cash crunch and experiencing working capital problems. To counter this, one of the measures that the Government of India has introduced for the Micro, Small and Medium Enterprises (MSME’s) is facilitating finance of… Continue reading Write-up on MSME & TReDS
Rationalising TDS on E-Commerce Transactions
Tax on E-commerce operators brought by Budget 2020 and its implications: Introduction: The advent of e-commerce platforms has radically changed the way consumers purchase goods or avail services. Nowadays, any goods or services can become available to any consumer at any place on a click of a few buttons. However, as easy it may seem… Continue reading Rationalising TDS on E-Commerce Transactions
E-Mobility: Watch It Happen Or Be Part Of It!
WHAT IS E-MOBILITY? As it is rightly quoted by Elon Musk, founder of Tesla Inc., “Some people don’t like change, but you need to embrace change if the alternative is a disaster”. Electric Mobility, or Electro Mobility, or E-Mobility for short, is that very change which the people shall embrace in the near future. Let’s… Continue reading E-Mobility: Watch It Happen Or Be Part Of It!
DRONE FINALLY TAKES OFF
Introduction: “The best way to predict the future is to invent it”. The materializing of self-driven cars, cloud computing, and artificial intelligence have proven that innovation is not bound by any limits and has no goals to rest. Driven by human imagination, innovation has touched our lives in an unprecedented manner. One such revolution in the… Continue reading DRONE FINALLY TAKES OFF
SWAYATT and the Start-up Runway – Doing business with Government
In a vibrant economy like India, government constitutes one of the largest consumer. Public procurements are lucrative source of revenue for any business. However, because of complex eligibility norms and non-transparent selection process, often well-established and large business entities bag government contracts. In order to bring transparency to the process and increase the participation of… Continue reading SWAYATT and the Start-up Runway – Doing business with Government
CFO Insights – What’s in your Pocket?
The CFO’s role has always ranged from guardian of the financial health of an organization to a professional creating value. The world is changing fast. Technological innovation is creating new choices for customers and new opportunities for a wider range of industry entrants. The combination of the ‘push’ of technology, the ‘pull’ of the customer… Continue reading CFO Insights – What’s in your Pocket?
Accounting and Book-keeping – Cost Centre or Profit Centre
“Save on cost center and spend on profit center” is the underlying mantra of every business. In general sense, “cost center” means a department which does not produce directly but incurs costs to the business. On the other hand, a profit center is a part of a business that is responsible for revenues and costs.… Continue reading Accounting and Book-keeping – Cost Centre or Profit Centre
Government’s ‘Angel’ move – Angel Tax on Startups eased
The Department for Promotion of Industry and Internal Trade (DPIIT) issued a notification on February 19, 2019 giving a major tax relief to the start-ups which have received funding from Angel investors and has, thus, become an angel for the Indian start-up ecosystem. Here is a detailed analysis on the issue of Angel Tax: A)… Continue reading Government’s ‘Angel’ move – Angel Tax on Startups eased
Start-up India – Steps to get register
Start-up India Scheme is a flagship initiative of the Government of India, intended to build a strong eco-system for nurturing innovation and Startups in the country. The keyword is innovation. The business either develops a new product/ service or redevelops a current product/service into something better. How to register your startup with Startup India: Step… Continue reading Start-up India – Steps to get register