The coworking industry is no less than a movement, with benefits that are being enjoyed by many! Companies have seen major improvements in their business like opportunities and entry in new markets, outsourced management of office, beautiful designs, and flexible work environment. Question arises regarding the coworking benefits and the future of landlords and property managers in this whole scenario.
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The Indian Government has introduced a mechanism for startups to avail tax exemption from “angel-tax”, retrospectively, and avail the tax incentives as per the startup policy. However, the expert opinion is that doing so may not be as easy, considering the conditions imposed. Startups with the total investment up to ₹10 crores, including angel investors funding, can ask for an approval from an eight-member government board, for tax exemption u/s 56 of Income Tax.
Coworking is the best way to bring independent professionals, startups, SMEs, and big corporates under a common roof, and help them interact and work together. Renting a coworking space holds a tremendous potential of benefits for you and your business if done correctly. The foundation is, of course, to rent a coworking space that is just right for you. It is crucial to choose a space that would deliver the benefits it was meant to deliver.
Here are the startup events for the week (16th April 2018 to 21st April 2018) –
Every big company started small at some point. Limited access to resources, capital, and uncertainty of the extent of liabilities for the business are some of the few challenges every entrepreneur has to deal with in the initial stages of the business. This is the reason why it’s crucial for entrepreneurs to get creative and come up with ways to save money for startups and SMEs.
Here are the startup events for the week (9th April 2018 to 14th April 2018) –
LinkedIn is a powerful tool for branding & development of yourself and your business. People use it, but very few really know how to harness its potential to the fullest. LinkedIn is an excellent platform for showcasing your skill-set, receiving recommendations, finding potential resources, and connecting with potential employers. This is a great platform not only to find a job but also to give a boost to your career if used optimally. InstaOffice brings to you 12 tips to create a LinkedIn profile that gets noticed –
Working out of a coworking space as a trend is catching up, but you will always find that one person who would have his doubts and prefer to stay at home and work in quiet. However, it is important to realize, the possibility of distractions exists everywhere. Whether you work out of a traditional office space, a coffee shop, or even the comfort of your home, distractions are everywhere. This is why it is important to understand how to get the best out of coworking.
Tax planning is overwhelming for most of us. With the complex network of various sections, sub-sections, and provisions, it is crucial to completely understand tax provisions are applicable to you, and what can work for or against you. If you are losing your sleep over your taxes, look no further. We bring to you a complete guide to tax exemption for the financial year 2018-19.
Every 31st March brings with it the opportunity to plan the financial year ahead, better than last year. A healthy financial plan is not just about planning your money, but also learning from and correcting the mistakes made in previous years. With a little bit of planning and some foresight, you can plan your finances and move towards your long-term financial goals. Find out how you can save money and plan taxes this financial year 2018-19.
Here are the Startup Events for the week (2nd April 2018 to 7th April 2018)