- Now Incorporating A Company Is Just A One Day Process Half a day is all you need to get into business. As per the Ministry of Corporate Affairs, which is leaving no stone unturned to improve the ease of doing business, it will now become possible to reduce the time to reserve the name of company to half a day, and incorporate it in one […]
- Startups, Now Just Need DIPP Certificate For IPR Benefits In an announcement made by the Commerce and Industry Minister Nirmala Sitharaman, the startups would now need only a certificate of recognition from the government to avail IPR-related benefits. With this initiative, the government is providing yet another platform for the startups to allow them to do their business easily. The startups would now require […]
- Only One Company Found Eligible For Tax Benefits Among 571 Startups In the second phase of the inter-ministerial board meeting under the Startup India Action Plan, only one startup has been selected out of 571 applicants. Kanpur-based Bhurak Technologies Pvt. Ltd. has fulfilled the criteria under the same. Incorporated on 7th May, 2016, Bhurak Technologies manufactures domestic appliances. It can now claim a three-year tax benefit […]
- Jharkhand Launches Startup Policy Following suit with the Central government’s Startup India campaign, the Jharkhand government has introduced “Start-Up Jharkhand” policy, reported TOI. Chief Minister Raghubar Das earmarked $7.5 Mn (INR 50 Cr) to encourage entrepreneurs in different sectors. He also said that very soon the state would come up with Start-UP Jharkhand policy. In order to facilitate the […]
- Are You A Startup As Per Newly Defined Govt Norms? With the budget session around the corner, the government has come out with a uniform definition of the word startup, so that only innovative companies could benefit from the Start Up India, Stand Up India initiative. Under the definition, a budding entrepreneur with a turnover of less than $3.6 Mn (INR 25 Cr) can avail […]
- The Startup India Action Plan: A Leg Up For Startups There have been several strong reactions to the Modi government’s announcement of the ambitious Startup Action Plan at the Startup India event on January 16. The government is certainly taking steps in the right direction with this plan for helping to improve the startup ecosystem in the country. From the perspective of startups, measures on […]
- Startup Action Plan : A Start In The Right Direction Bringing about change – in thinking and approach – is probably one of the most difficult tasks and I think that Mr. Modi’s attempt with the Startup Action Plan is to fundamentally change the way people, especially the bureaucracy regards startups. We do a lot of work with startups in the technology sector helping them […]
- Startup India Action Plan: Our Definition Of Startups Has To Go Beyond VC-Fundable Tech Companies PM Modi’s Startup India initiative has certainly made the terms ‘entrepreneurship’ and ‘startups’ well known across India. It has made ‘doing a startup’ cool and respectable, and has certainly highlighted entrepreneurship as a possible career option. One of the biggest impacts this will have is that parents will be much more willing to allow their […]
- Startup India, Standup India: The Missing Link Euphoria is in the air. Startups – the poster boys of these times – have got another fan-base, i.e., the Government of India, cheering for them. Startup India, Standup India Action Plan announced on January 16th by Prime Minister Narendra Modi has created another level of excitement among all stakeholders – be it venture funds, […]
- #StartupIndia Action Plan : Reactions From A “Normal Startup” Last weekend witnessed a glitzy startup event. In many ways, this event was like every other startup event in India — founders of “unicorn” startups dispensing gyaan to the rest of us mortals interspersed by some disinterested folks featuring in hackneyed panel discussions on done-to-death topics in front of an uninterested audience who had suddenly rediscovered the […]
- #StartupIndia – Here’s What India Inc Has To Say About Modi’s Startup Action Plan The Prime Minister, Narendra Modi, today launched the Startup India initiative in New Delhi. The launch by the Prime Minister this evening, was preceded by a day-long workshop on various aspects of entrepreneurship. Modi during his speech said that successful startups are usually created by those who are driven by an idea, or an urge to solve […]
- Everything You Need To Know About PM Modi’s Startup Action Plan Finally at 6:30 pm today, Prime Minister Modi unveiled his ‘Startup India, Standup India’ Plan, in front of the 1500 rapt representatives of the startup community. As the entire Indian ecosystem waited with bated breath, PM Modi announced a slew of measures aimed at simplifying compliance, exempting profits from startups for the first three years, […]