Penalties on Directors Under the Companies Act, 2013

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 […]

business-valuation

Startup Valuations: Understanding How Your Company is Valued

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[…..]

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Importance of Due Diligence during Investment into Startups

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[…..]

GIFT

Starting Business in the GIFT City of Gujarat

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[…..]

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Determining the correct Valuation for a Startup

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[…..]

cryptocurrency-budget-2022

Budget 2022 and Crypto Tax

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[…..]

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Start-up funding challenges and how to overcome that

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[…..]