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Digital economy needs tax clarity

“Digital” is an inevitable and progressive catalyst of change. Whereas internet-based online transactions have existed for some time now, the transformations at a national scale are morphing many more areas together into a “digital economy”. The transformation is about 100% dematerialisation up to the ‘last mile’, with near 100% continuous involvement of the internet and is built upon cloud...

Why Flipkart Taking Clients to Court For Non Payment Is A Big Deal

What’s The Scoop With Flipkart?   “The digital industry is suffering because there have been several cases where advertisers default on payment… We do not have a strong industry body in terms of payment collection yet.” –  Amar Deep Singh, CEO, Interactive Avenues   (article originally posted here) Between April and May 2016, one of India’s e-commerce leaders – Flipkart–...

What it truly means to be a full stack company

There are several different types of organizations out there, and the ones that are the leanest in terms of size are mostly product companies. Within the product companies as well, there is a lot of variety in the approach that they take for delivering the desired consumer experience. Some opt for just 1 tool and focus on that (Desktop downloadable products— like early days of Norton antivirus)...

Creating vibrant knowledge networks in emerging entrepreneurial ecosystems

Vibrant entrepreneurial ecosystems such as Silicon Valley, Route 128 are characterized by a free flow of experiential knowledge between expert and novice entrepreneurs. Experiential knowledge can provide much needed advice, mentoring and moral support to novice entrepreneurs, putting them on an accelerated path and fueling the ecosystem. In mature ecosystems like Silicon Valley, this is possible...

Clearing the confusion on – SOFTEX form filing need

There are instances, when Software exporting companies operating outside an export oriented scheme (STP, SEZ, EOU etc.) are advised, that there is no need for them to file SOFTEX forms. The young entrepreneurs in Startups, obviously get confused on this. In some cases, companies stopped getting SOFTEX certification done, after complying in past when they moved out of STP/SEZ schemes, owing to...

Enablers for Defence Start-ups in India

Once upon a time, there was an Asian Dragon and an Asian Elephant, both wanting to be self-sufficient in defence technology. But they chose different paths. In Jan 2004 one went out to acquire four retired aircraft carriers for study, along with purchasing foreign aircraft carrier designs; which resulted in this Asian Dragon commissioning their first Aircraft Carrier in 2012. The Elephant...

Testing Time for a Bootstrapped Entrepreneur: 7 Practical Lessons for Software Product Testing

What’s a bootstrapped entrepreneur’s favorite three alphabets? The answer is DIY and there are no prizes for guessing! One of the things every bootstrapped entrepreneur should do is to take ownership for testing their product and not leave it to the engineering team. Wondering why this is important? Here are four great reasons why you should get your hands dirty! Keep the working product aligned...

Key Takeaways from The Design Thinking Roundtable

When it comes to building a product, I had absolutely no experience before Pricebaba. While building Pricebaba.com I did learn many nuances and tricks for growth. I am grateful to the friends and mentors who have always helped us understand users better and how to build a great product. It was a pleasant coincidence last week when I got two opportunities to understand design better — first, I...

Taxation and “Digital Economy”

Background There two precursor blogs recently published to this new article on taxation of digital economy, which are helpful in understanding the context for Software product industry in general and especially for SaaS. ‘SaaS’ – the product advantage and need ‘SaaS’ – indirect tax issues in India Here is a brief overview. The first blog, made a case for SaaS industry to be a formidable part of...