Startup funding News:- Edtech startup Filo raises…

Instant live tutoring startup Filo said on Thursday that it has raised $ 23 million in a funding round led by Anthos Capital. The round also saw participation from existing investor Better Capital along with GSV, Sapling Capital,…

NITI DARPAN Registration

The NGO Darpan (NGO-PS) is a platform of interface between Voluntary Organization (VO) / Non-Governmental Organization (NGO) and key Ministries / Departments / Government Bodies. Later it is proposed to cover all Central Ministries / Departments / Government…

Income Tax dept ready to implement faceless…

A tax payer aggrieved by various actions of Assessing Officer can appeal before Commissioner of Income Tax (Appeals). Further appeal can be preferred before the Income Tax Appellate Tribunal. On substantial question of law, further appeal can be filed before the High Court and even to the Supreme Court.…

Health education platform Virohan raised Rs.20 crores…

Gurugram-based health education startup Virohan raised Rs. 48 crores across Seed and Series A funding rounds. Virohan’s vision is to educate more than a million students by 2025 through its learning platform. The startup was incorporated in 2018…

Rs. 5 Crores raised by Daalchini (Foodtech…

Daalchini, received Rs 5 crore in a pre-Series A round from by Venture Fund (AVF).  Daalchini founded by former Paytm employees Prerna Kalra and Vidya Bhushan in 2017 Daalchini is aggregates healthy, affordable, home-cooked meals through a network…

Indian startups Funding in this week (20…

Ather Energy: Electric scooter manufacturer Ather Energy has raised Rs.83 Crores as a part of its Series C funding round from the existing backer, Hero MotorCorp. InCred: Fintech platform that provides consumer and MSME loans, InCred has raised…

IIT Madras startup generates Rs 22 crores…

The wrist-based tracker has ability to check skin temperature, heart rate, and SpO2 (blood oxygen saturation) to help in early diagnosis of COVID-19 symptoms. The tracker will be Bluetooth-enabled connected to the mobile phone via an app called…

Rs 15 crores fund to support India-Russia…

The Department of Science and Technology  (DST) has launched the India-Russia Joint Technology Assessment and Accelerated Commercialisation Programme that will connect Indian and Russian science and technology (S&T) led SMEs and start-ups. The program has been jointly launched…

InCred -Non-Banking Financial Company (NBFC) raises Rs…

InCred (Non-Banking Financial Company (NBFC) ) has raised Rs 500 crore in a debt funding round from public sector banks and public financial institutions. InCred partners with online and offline platforms to leverage business data for consumer loan…

Fintech startup Jodo raised Rs 28.5 Crores…

Jodo has raised Rs 28.5 crore in its seed funding round from Matrix Venture Partners, SAIF Partners. Jodo is helping middle-income families manage the academic expenses of their children. Jodo also helps parents to pay a subscription fee…

Start-Up Funding News :- (13 July 2020-18…

❖Vedantu: Edtech Startup (Vedantu) has raised Rs. 749 Crores in its Series D round led by New York-based hedge fund Coatue Management  ❖Magicpin: Hyperlocal discovery platform, Magicpin has raised Rs. 52 Crores in a funding round from Samsung…

Startup Funding in India of The Week…

❖Zolostays: Bengaluru-based co-living Startup Zolostays has raised Rs.430 crores in Series C funding round led by Investcorp, Nexus Ventures etc. ❖Specsmakers:Specsmakers (optical retail chain) has raised Rs. 23 Crores funding from Eight Roads Ventures last month. ❖Flinto: Flinto (activity-based learning…

Startup Funding of Rs.348 crores in Indian…

This week almost 15 Indian startups received funding of Rs. 348 crores.  Paper Boat: Gurugram-based beverage and snack brand Paper Boat raised Rs. 27 crores approx from Sofina Ventures, A91 Emerging Fund I, SCI Growth Investment II and…

Start-Up Funding News


❖Aye Finance:- Gurugram-based financial services startup Aye Finance raised $27 Mn (INR 210 Cr) in Series E funding round from existing investors. ❖Slice:- Bengaluru-based digital payment card startup raised $6.07 Mn (INR 46 Cr) in pre-Series B funding round led by Japan-based…

Stand Up India

Stand-Up India Scheme for financing SC/ST and/or Women Entrepreneurs. अनुसूचित जाति / अनुसूचित जनजाति और/या महिला उद्यमियों के वित्तीयन हेतु स्टैंड-अप इंडिया योजना. Objective उद्देश्य The objective of the Stand-Up India scheme is to facilitate bank loans between…

StartUp Policy of Telangana Govt . and…

StartUp Policy of Telangana Govt . and Apply Now and Get benefits up to 50 Lakh Benefits by Govt of Telangana #1. Reimbursement of GST :- The Startup can pay SGST to the relevant department and avail reimbursement…

Documents Required for Trademark Registration In India

Documents Required for Trademark Registration Applicant type wise Trademark Registration Documents for Individual If you are filing your Trademark Registration as an individual, following documents required: Copy of PAN Address Proof:  Copy of Aadhaar or DL or Passport TM Authorisation…

Documents Required for LLP Registration in India

Documents required for registering LLP in India A. Documents of Partners 1. ID Proof of Partners – All the partners are required to provide their Self attested PAN  photocopy at the time of registering LLP. PAN card acts as…

Import Export Code Registration

The Government of India has made the process of issuance of the Import Export Code license easy, in comparison to earlier process. Now, if you have all documents ready, then get your Import Export License the same day.…

Save Income Tax under section 80C.

Things to know about section 80C of the Income Tax Act:-  What is section 80C? The most popular option used to save income tax is section 80C of the Income Tax Act,1961. There are following a long list…

Quick information about gratuity and actuarial valuations

For any organisation, accurate computation of liability towards employee benefit is critical to ensure they are sufficient to pay them off as they fall due. This blog focuses on Gratuity and the importance of an expert actuary in…

Everything about Senior Citizen Saving Scheme

Introduction Senior citizens do not have any active income and ability to earn post their retirement, they thus depend on the interest income and cannot  take any risk with their money. Senior Citizen Saving Scheme (SCSS) is one…

Documents required for registration of Provident Fund.

PF registration is mandatory for all establishments with 20 or more persons.  The 12% rate of PF contribution should be equally divided between the employee and employer.  Documents Required for  PF Registration:- Based on the type of entity…

Got a Income tax notice? What to…

Types of notices and how to respond to them   131(1A) What is it for? Assessing officer suspects you have concealed income.   How to respond If you are unable to gather all the documents sought, send whatever…

Health insurance Benefits towards financial benefits.

1. Health Insurance Policies are cost-effective investments 2. The insurance plans provide free health checkup 3. It bears your entire treatment costs 4. The health Insurance policies also bear Domiciliary Treatment 5. It helps you to expand your…

Tax Saver Mutual Fund for Investment Purpose

Tax Saver Mutual Funds are those mutual funds which are eligible to deduction under Section 80C and These are popularly referred to as Tax Saver Mutual Funds.  There is no maximum limit on the amount which can be…

Benefits of MSME Registration

MSME registration MSME registration certifies the enterprises  to recognise  as Micro, Small or Medium Enterprise. MSME means micro, small and medium enterprises, and these are the backbone of any developing economy country. To support and promote MSME,Government of India has…

Format of Partnership Deed in word by…

Partnership deed is an legal agreement between the partners of a partnership  firm that describes the terms and conditions of partnership firm among the partners. A partnership firm is one of the most popular types of enterprises for forming a…

Income tax Dept. finds Rs 12 lakh…

Income tax Dept. finds Rs 12 lakh crore mismatch in Income Tax Return declared in Financial Year 2016 A big reason for not being able to catch such tax evasion is due to the fact that the government…

New linked Form with Spice form for…

E-Form Agile- MCA vide its notification dated 29th March, 2019 notified Companies (Incorporation) Third Amendment Rules, 2019, in which after rule 38 ‘Rule 38A’ inserted for Application for Goods and Services Tax Identification (GSTIN) Number, Employees State Insurance Corporation (ESIC) registration & Employees Provident Fund Organisation…

Income Tax Return(ITR) Filing Forms notified by…

Income Tax Return (ITR) Filing Forms for FY 2018-19: With the start of the new financial year, the income tax filing season has begun and, keeping this in view, CBDT has notified the new Income Tax Return (ITR)…

Form INC-22A- Applicability and procedural requirements-File ACTIVE…

Form INC-22A- Applicability and procedural requirements-File ACTIVE form upto 25.04.2019 to avoid ₹ 10000 Penalty: MCA Applicability : Every company incorporated on or before 31st December 2017 to file the e-form ACTIVE (which is e-Form 22A) which gives…

Mandatory Certificate of Commencement of Business for…

Mandatory Certificate of Commencement of Business for Companies INTRODUCTION:                                                           …

The key highlights from Interim Budget 2019-…

The key highlights from Interim Budget 2019- Civil Service Gurukul Income Tax reliefs: * No tax till Rs 5 lakh income for individuals taxpayers. * Standard deduction increased to Rs 50,000 from Rs 40,000 for salaried class. Tax…

Benefits of MSME Registration

MSME registration MSME registration certifies the enterprises  to recognise  as Micro, Small or Medium Enterprise. MSME means micro, small and medium enterprises, and these are the backbone of any developing economy country. To support and promote MSME,Government of India has…

Section 194IA- TDS on Purchase of Property…

Section 194IA- TDS on Purchase of Property @ 1% The purchaser of an immovable property (Other than agricultural land) has to deduct tax at source (TDS) @1%, while paying consideration the seller, if the value of immovable property…

Trademark Search Online for Trade Mark Registration

About Trademark A Trademark is an important Intellectual property right. It identifies or distinguishes you from the others. Trademark can be a name, logo, shape, trade dress, sound and smell, basically anything which identifies the source of origin for goods…

MSME loan upto Rs 1 crore in…

MSME loan upto Rs 1 crore in 59 minutes: A step-by-step guide   PSB Loans in 59 minutes is an online marketplace, which will enable In-Principle approval for MSME loans up to INR 1 Crore in 59 minutes…

Cancellation of Registration of GST

Cancellation of Registration of GST Cancellation of GST registration simply means that the taxpayer will not be a GST registered person any more. He will not have to pay or collect GST. Cancellation of GST registration can be…

All About Section 44AD (Presumptive Taxation (AY…

All About Section 44AD (Presumptive Taxation (AY 2018-19) Any business which has a turnover of less than Rs. 2 crores can opt for presumptive taxation under this section. Following class of businesses are out of scope of Section…

Note on Section 194-IA – TDS on…

1. Who is responsible for tax deduction ? Any person responsible for paying any sum to a resident transferor by way of consideration for transfer of an immovable property (i.e. building or part of building or any land…

CBDT extends Tax audit due date to…

CBDT extends due date for filing of Income Tax Returns & audit reports from 30th Sept, 2018 to 15th Oct, 2018 for all assessees liable to file ITRs for AY 2018-19 by 30.09.2018, after considering representations  from stakeholders.…

CBDT revised Tax Audit Report Schema

CBDT revises Tax Audit Report Schema 6th time during the year The Central Board of Direct Taxes (CBDT) have released schema for Revised Form 3CD schema (Tax Audit Report) version 1.14 on 7th September 2018. A total of…

RERA Registration for Agents

  A “Real estate agent” is a person who acts on behalf of another person in a real-estate transaction, and is benefited with fees for the service extended. Real estate agents include the likes of property dealers, brokers,…

Statutory and Tax Compliance Calendar for September…

Statutory and Tax Compliance Calendar for September 2018.

Section 234F -Fee (Penalty) for delay in…

A new section 234F has been inserted in Income Tax Act, 1961 with effect from Assessment Year 2018-19 (Financial Year 2017-18). The fee (penalty) will be as follows: Total Income Return filed Fee (Penalty) Exceeds Rs. 5 Lakh…

MCA extends due date of DIR 3…

MCA extends due date of DIR 3 KYC to 15th September 2018: MCA has extended due date of filing DIR 3 KYC for directors. Earlier last date to file DIR 3 KYC was 31st August which has been extended to…

Statutory, GST, Income Tax,PF, ESI and Company…

Statutory, GST, Income Tax,PF, ESI and Company Law Compliance Calendar of August 2018 A. Due dates for Compliance under GST  for August 2018 10-08-2018– Due date for filing GSTR-1 for the Month of July 2018 → Applicable for taxpayers with Annual Aggregate turnover…

Guide for GSTR 3B Return Filing Online

GSTR 3B is a simple return of form of GST introduced by the Government. A separate GSTR 3B form has to be filed for each GSTIN. GSTR 3B form does not require invoice level information. It only requires total values…

How to Respond to Section 148 Notice…

How to Respond to Section 148 Notice under Income Tax  Before making a re-assessment u/s 147, notice has to be issued u/s 148 requiring an assessee to file the return of income. Consequently the primary issues in regard…

Documents Required for Company Registration

Documents Required for Company Registration Company Owner/Promoter are interested in knowing about the list of documents required for company registration. In this article, we provide details and descriptions of the documents required for company registration. Directors: Indian Nationals…

Income Tax Returns Filing

The due date for filing Income Tax Return for A.Y. 2018-19 are as follows  Penalty for late filing of ITR – Section 234F is introduced in order to ensure that returns are filed within the prescribed due date. ITR Applicability for A.Y.…

15 Things must to do before 31st…

15 Things must to do before 31st March’2018. 31st March, 2018 is an important date to remember for individuals, Companies and taxpayers in India as it is the deadline for completing all statutory obligations. Here are must 15…

Statutory Due Dates for the month of…

*Due Dates for the month of March 2018* 1 March 2018 – Intimation by a designated constituent entity, resident in India, of an international group in Form no. 3CEAB for the accounting year 2016-17 2 March 2018 –…