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Reforms in Taxability of ESOP’s (Equity Stock Option Plans)

What is an Employee Stock Option Plan (ESOP)? An employee stock ownership plan (ESOP) is basically a plan given to employee’s wherein subscription to the same gives employee(s) ownership interest in the company. ESOPs give...

No Tax to be deducted under Section 194A of Income Tax Act,1961 on Scheduled Tribes: CBDT

According to a recent notification by Central Board Of Direct Taxes (CBDT) vide Notification No. 110/2021/F. No. 275/27/2021-IT(B) dated 17.09.2021, no tax shall be deducted under section 194A of the Income Tax Act,1961...

All you need to know about the Production Linked Incentive Scheme announced for Textile Sector.

Union Cabinet on 08th,September 2021 has approved the Production Linked Scheme for Textiles for MMF (Manmade Fabric) Apparel, MMF Fabrics and 10 segments/ products of Technical Textiles with a budgetary outlay of Rs. 10,683...

CBDT Announces Extension of Due Dates for various e-filing forms

A big relief to the taxpayers has been provided by the finance ministry to the taxpayers by extending the due dates. It was much needed as the new portal has a lot of glitches...

Recent fundings raised by Indian Startups In August 2021

Chaipoint: Chaipoint has raised $ 20 million in its new round of fundings. The funding was done by Paragon Partners, a mid-segment private equity investor, while existing investors, including Eight Roads (Fidelity’s India PE arm), Saama Capital and...

PAM,TAM,SAM,SOM- Tools of Market Size Analysis

Definition PAM, TAM, SAM and SOM are acronyms that represents different subsets of a market. PAM or Potential Addressable Market includes people not currently included in your target market, but potentially could be in future.TAM or Total...

Why do countries want to host the Olympics?

Hosting the Olympics is considered to be prestigious for developed nations. The Olympics create a high constrain on the economy, So the question arises why do countries want to bid to host the Olympics?...

Cabinet approves various amendments in LLP Act ,2008

With the motive of facilitating greater ease of business in India, the government on Wednesday i.e. 28.07.2021 approved certain amendments in the LLP Act, 2008 vide LLP(amendment) Bill, 2021 thereby decriminalizing certain provisions and...

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