Tagincome tax

January 30, 2017

5 Min read

Alright, before I take the plunge into revealing what I expect from the impending budget, let’s take a quick glance at numbers on how the Government has fared since its inception: Modi’s flagship Make in India initiative launched to create employment & self-employment saw huge traction with India’s gross FDI flow jumping by 27% a.k.a $45 billion in 2015-16, an all-time high. Jan Dhan Yojana...

Tax holiday for startups should be provided in first few profitable yrs instead of first 3 yrs

By ProductNation Network

In Eco-system, Policy

February 29, 2016

3 Min read

Progressive steps taken by the Union Government for the Startup Community in its Start-up India initiative are encouraging. We hope the Union budget will reflect a similar sentiment and introduce policies around tax relaxations and process simplifications. The structure of taxation and corporate laws in India is not very conducive for startups and early stage companies. A lot of these issues were...