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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[…..]

income-tax-act

Major Amendments in Income Tax for ITR Filing for FY 2020-21

The Finance Act 2020 has introduced several amendments to the Income Tax that were applicable for the Fiscal Year (FY) 2020-21. The new Amendment’s main goal is to reduce the tax compliance burden during the ongoing COVID-19 pandemic. According to ITR filing experts, there has been positive amendments in past 3 years for salaried person[…..]

ESOP

Importance of having ESOP Plan in a Company

The private sector and start-up culture in India is coming of age since the last 30 years of the economic reforms in 1991 which promoted globalization and increased FDI. Increased investments in business lead to increased employability and helps generate new jobs. Most of these employees working for a company, especially startups look for lucrative[…..]

CFO

Virtual CFO Function outsourcing: An Aid to Scale Startups

Virtual CFOs are finance professionals who provide outsourced services to organizations for successfully running the finance function along with guidance of expert advice. Managing a startup company is a huge task, along with preparing financial statements and looking for investing prospects, Virtual CFOs bring you all this over a phone call, video call despite being[…..]

capital_gains

Capital Gains & Capital Gains Tax in India

What is Capital Gains? Capital gain is an excess in the value of a capital assets (investment or real estate) than the purchase price of the asset. The surplus is not realized until the asset is sold. A capital gain may be short or long term, i.e., less than one year or more than one year and must[…..]

Ease of doing business in India & Blockchain in 2020 and beyond

Many serious and positive measures have been taken by the Indian Government to list India in top destinations for Ease of doing business. Indian economy is extremely lucrative from an investment perspective, however, the two roadblocks always has been in Progressive government policies and complexities in legal formalities and corporate law regulations for foreign entities.[…..]