Startup

STARTUPS GET TAX HOLIDAY FOR ONE MORE YEAR IN BUDGET 2021

Finance Minister Nirmala Sitharaman has extended by one more year the tax holiday for startups, providing a much-needed post-pandemic boost to the upstarts. According to Union Budget 2021-22, startups will get capital gains exemption by one more year to 31 March 2022. Startups also have one more year to claim tax holida “The existing provisions …

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Factoring, Domestic and Exports Bills Discounting in India.

It is a revolving  Unsecured Working Capital facility which will help in upfront realization of your future receivables. This finance facility is over and above your Maximum Permissible Bank Finance (MPBF). No requirement of No Objection Certificate (NOC) from your existing Banker for availing the limits. Elligibility :   The firm should be a manufacturing one and our client …

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FAST TRACK MERGERS EXTENDED TO STARTS UPS & OTHER SMALL COMPANIES

In addition, the fast track process for mergers under the Companies Act, 2013 has also been now extended to also include mergers of Startups with other Startups and with Small companies, so that the process of mergers & amalgamations is completed faster for such companies. MCA notifies Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2021 …

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Some Very Interesting, but scary Predictions for the Future..

A good read for sure …. 1-Conventional Car Repair workshops will vanish over a period of time. 2-A Petrol Engine /Diesel Engine-driven Car has almost 20,000 individual components An electrical Vehicle has less than 50. In future, Electric cars will be sold with a life-time Warranty and will be repaired only by authorised outlets.. It …

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Importance of HRM for Organizational Success

Importance of HRM  It is a fact that to thrive in the chaotic and turbulent business environment, firms need to constantly innovate and be “ahead of the curve” in terms of business practices and strategies. It is from this motivation to be at the top of the pack that HRM becomes a valuable tool for …

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What is Blocking and Unblocking of E-waybill generation?

What is Blocking and Unblocking of E-waybill generation? ✓ Blocking of e-waybill generation means not allowing the taxpayer to generate e-waybills if he /she has not filed GST Return for latest two successive months or quarters. The blocked GSTIN cannot be used to generate the e-way bills either as Consignor or Consignee. Unblocking means allowing …

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Minkspay raises funding from Mumbai Angels Network

Minkspay raises funding from Mumbai Angels Network Minkspay, a payment solutions company for rural markets raises funding from Mumbai Angels Network (MA Network), India’s premier platform for venture investing.Headquartered in Goa, Minkspay was founded in 2017, by Sanket Shendure and Sanmati Shendure. MinksPay is focused on solving problems of small retail stores based out of …

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Mandatory compliances of Private Limited Company:

Mandatory compliances of Private Limited Company: Company Name Board- Every Company shall paint or affix the name and address of registered office and keep the same painted/affixed, outside every office or place in which its business is carried on, in legible letters. Letter Head of Company- Every Company shall get its name, address of registered …

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HDFC HOME LOANS FESTIVE OFFER :

HDFC HOME LOANS FESTIVE OFFER : REVISED RATE OF INTREST FOR HOME LOAN/BALANCE TRANSFER & TOPUP FOR WOMAN @ 8.35% OTHERS @ 8.40% SPECIAL OFFER FOR SELF EMPOYED: FOR WOMEN @ 8.50% OTHERS @ 8.55% KINDLY REFER TO CLIENT FOR LOWEST RATE OF INTEREST FUNDING – 90% Regards,Call / WhatsApp on 98200-88394 for further information

Now, thinking aloud………………How does higher education help one ?

Chickpet, Bangalore is known as the business hub of Bangalore City with more than 1000 shops in the locality. This place is always crowed as people throng to buy clothes, furniture, toys etc. at a wholesale price. Yesterday, I had been there as part of my educational research to talk to a few shop keepers …

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