The Companies Act, 2013, serves as the primary legislation governing corporate entities in India. It outlines various responsibilities and obligations for directors of companies, as well as implications for breaches of these duties. The act is designed to promote transparency, accountability, and good governance. Failure to adhere to these regulations can lead to several penalties […]
Valuation is a critical aspect of any startup. It refers to the process of determining the worth of a company, and it plays a crucial role in attracting investors, negotiating deals, and overall business planning. However, for many startup founders and entrepreneurs, the process of valuation can be complex and intimidating. In this article, we will provide an[…..]
Investing in equity shares of companies is one of the most common ways to grow wealth over the long term. However, investing in the shares – both listed and unquoted, can be a risky proposition, and it’s essential to have a thorough understanding of the company before making an investment. This is where due diligence[…..]
Gujarat International Finance Tec-City (GIFT City) is India’s first operational smart city and International Financial Services Centre (IFSC) located in Gandhinagar, Gujarat. It is a globally benchmarked city designed to cater to international and domestic financial services, including banking, insurance, and capital markets. GIFT City offers several benefits to businesses looking to set up operations[…..]
Year 2023 and onwards is being betted as India’s decade. This would not just be India’s decade but also the decade of Investors who would be investing in India over this decade. As India eases up the operational hazards of doing business, legal regulations, and swiftness of transactions, more Investors are being drawn to India.[…..]
As the business, and outsourcing process of reliance on experts and professionals has increased over the past two decades, optimization of business processes is essential in today’s environment. As of 2022, a total of 80,152 startups had been officially recognized by DPIIT, which number is on the rise with 21 Unicorns born in Year 2022[…..]
Since the launch of Startup India campaign in 2016, India has become a hub for start-ups over the recent years due to high growth rates and other factors. According to the Economic Survey Report 2022-23, the number of recognized startups has increased to 84,012 in 2022 from 452 in 2016. India has the 3rd largest[…..]
The Finance Minister of India presented Budget 2022 on 01 February 2022. With respect to Cryptocurrency, this is the first time that Tax department has elaborated its focus and clarity on taxing the digital assets. Digital Assets and Virtual Currency has now been covered within the tax ambit and has now been defined in the[…..]
1. Identifying and understanding the purpose of valuation:- The process of valuation of a business in other words is simply a story of the business itself written in the words of the person performing the valuation. The purpose behind the entire story(valuation process) of the business influences a lot of measures that are used to[…..]
A start-up is a company that is in its initial stage of business. To bring the idea to life or to scale up, funding is required which is one of the significant challenges that the entrepreneurs face because it requires convincing others that the idea is a solid investment. According to an Inc.com article, “Only[…..]