Complying with labour and environmental laws is often a complex and time-consuming process for businesses. To ease this burden, the government has introduced a self-certification mechanism for startups, allowing them to focus on growth without the hassle of frequent inspections. Key Features of the Self-Certification Compliance Regime 1. Simplified Compliance with Labour and Environmental Laws […]
In today’s competitive market, protecting Intellectual Property Rights (IPR) is crucial for businesses, especially startups. IPR serves as a strategic tool to enhance industrial competitiveness and ensure long-term sustainability. Startups thrive on innovation and development, making IPR protection essential for their survival and growth. To encourage startups in securing their intellectual property, the Startup Intellectual […]
Starting a business is an exciting journey, but managing taxation can be a daunting task. One of the key concerns for startups is the taxation of funds raised through share issuance. Section 56 of the Income Tax Act, 1961 addresses this issue, particularly for startups receiving investments at a value higher than the Fair Market […]