Tagged: indian startup

GDPR in Indian market 0

GDPR – A Big Transition in the Indian Market?

Businesses across the world, especially startups, are dealing with a new concern – the new regulation called General Data Protection Regulation (GDPR). 25th May onwards, the entire business world is going to undergo a transition and the question remains if this is going to impact innovation and businesses of Indian startups. Is GDPR in the Indian market going to bring in a big transition for businesses?

Angel tax exemption for Indian startups 0

Angel Tax Exemption for Startups

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.