New Delhi, August 27: Union Finance Minister Nirmala Sitharaman on Thursday chaired the 41st Goods and Services Tax Council Meeting. During the meeting, the council estimated the compensation gap at around Rs 2.35 lakh crore in GST collections due to COVID-19 pandemic. Addressing the press conference, Revenue Secretary Ajay Bhushan Pandey stated that the total […]
Monthly Archives: August 2020
Why Do Investors Invest in Startups? Here’s How Investors Add Value to Startups and Help Entrepreneurs
For any business to flourish, there needs to be good investment and planning that will help the firm reach its target audience and go beyond! Here’s where the role of an investor comes into picture. An investor puts capital to use for long-term gains, while an entrepreneur seeks to generate profits by using those funds. […]
Gold Price & Silver Rates Slip Ahead of Federal Reserve Chairman Jerome Powell’s Address
Mumbai, August 27:Gold and silver rates slipped in the Indian market on Thursday. On MCX October gold futures were down 0.22 percent to Rs 51,665 per 10 gram. Silver futures fell to Rs 66,821 per kg. The gold rate in the Indian market tracked a muted trend in the international spot prices as investors waited […]
Tata Group Plans to Intensify E-Commerce Operations by Launching All-in-one Online App & Compete With Biggies Like Amazon, Flipkart And Reliance
Mumbai, August 27: Tata Group conglomerate is planning to expand its footprint in the e-commerce space. The company has plans of launching an all-in-one e-commerce app for its consumer products and services, according to a Bloomberg report. The launch of the app is expected to take place by the end of 2020 or early next […]
5 Common Startup Tips An Entrepreneur Shouldn’t Follow
Starting a business with an innovative idea is a great deal of work. After completing lots of preparations and paperwork, an entrepreneur can pull off his/her business model. However, there will be always people to give advice that might not work for the startup to grow. Following them blindly, as those pieces of advice worked […]
Delayed GST Payment: Govt Changes Interest Liability Rules, Interest to Be Charged on Net Tax Liability From September 1, 2020
New Delhi, August 26: The government on Wednesday changed the interest liability rules and said that the interest on delayed payment of Goods and Services Tax (GST) will be charged on net tax liability with effect from September 1. Reports inform that the industry had earlier this year raised concern over the directive of recovery […]
Hewlett Packard Enterprise Creates Platform to Engage With Tech Startups in India, Here Are Details About Digital Catalyst Program And How to Apply
Bangalore, August 26: Hewlett Packard Enterprise (HPE) has created a platform to engage with tech startups in India. HPE has launched the HPE Digital Catalyst Program in partnership with angel investing platform LetsVenture. The objective is to support, innovate and identify the next generation of digital disruptors in the Indian startup ecosystem. As part of this program, […]
MSMEs in Maharashtra: State Government Mulling Relief Package For Lockdown-Hit Sector, Says Industries Minister Subhash Desai
In what is believed to be a move to revive the Micro Small and Medium Enterprises (MSME) sector in Maharashtra, the state government is planning to provide some relief to the sector which has been severely impacted due to coronavirus lockdown. Maharashtra industries minister Subhash Desai was quoted in a TOI report saying that the […]
5 Steps for Newcomer to Build and Grow a Personal Brand Amid COVID-19
For a budding professional, the most difficult job is to build and grow a personal brand. This will not only boost his morale but also help his/her in securing a job in the corporate field. However, with pressures mounting with time and firms taking extra precautions in hiring candidates amid COVID-19 pandemic, here are five […]
RBI Says ‘Promoting Startup And Ensuring Their Survival is Critical in Generating More Employment’
Mumbai, August 25: Reserve Bank of India (RBI) on Tuesday said that the promotion of young firms and startups and ensuring their survival is critical for generating more employment generation and higher productivity-led economic growth in India. RBI’s annual report for 2019-20 mentioned that it will be essential to reorient resources and policy focus in this direction. RBI […]