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 […]
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[…..]
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[…..]
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[…..]
Budget 2020 promises support for the electronics industry, but ignores telecom…. Read more at electronics B2B
The founder has decided to take this initiative pan India where he will be giving oral consultation for the next 30 days during the lockdown and after that, as the market has seen a big drop due to the Corona outbreak and it is difficult to the startups to survive who just had started[…..]
The initiative was taken by promising business consultancy firm “Anbac Advisors” to provide a free consultation to various business organizations basically startups and SMEs who are routeless in the wake of COVID19. Read more at India Press Release
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.[…..]
Seed Fund support announced by Government for Startups – What should be the focus Next 4 Years?
India offers location savings due to lower cost of rentals, man-hour cost and overall standard of living owing to being an Emerging economy. This attracts Companies outside India to set up operations in India. However, considering that, a major aspect to consider while setting up a company in India is foreign exchange fluctuations, tax rates[…..]