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DPIIT NOTIFICATION
DEA notice awaited on easing FDI rules for foreign cos with up to 10% in China firmsFDI rules for overseas companies with up to 10% Chinese shareholding are set to be notified soon, as the Department of Economic Affairs is ...
FDI easing for foreign cos with up to 10 pc Chinese stake to be notified soon under FEMAIndia is on the verge of a significant policy alteration, planning to loosen foreign investment regulations for firms that include Chinese ...
Govt extends implementation timeline for quality control order on electrical appliances till OctoberThe government has announced a new timeline for the rollout of a mandatory quality control directive regarding certain electrical appliance...
Easier FDI norms notified for border country investorsIndia has updated its foreign direct investment policy. Investments from countries sharing a land border now face stricter government scrut...
DPIIT notifies changes in FDI norms for China, other land border sharing countriesIndia has taken a bold step toward enhancing its investment landscape by relaxing restrictions on foreign investments. Companies with up to...
31 customs notifications consolidated into 1 to enhance Ease of Doing BusinessThe Central Board of Indirect Taxes and Customs is simplifying trade. Thirty-one Customs Duty notifications are now one. This new document,...
Capital push for startups: Government expands Credit Guarantee SchemeThe government has revised the Credit Guarantee Scheme for Startups, doubling the maximum guarantee cover to Rs 20 crore and increasing cov...
Govt rolls out mandatory quality norms for asbestos cement productsTo safeguard the domestic small/micro industries and ensure smooth implementation of the QCO and ease of doing business, relaxations have b...
Government rolls out mandatory quality norms for nuts, boltsThe Indian government has implemented mandatory quality norms for nuts, bolts and fasteners to curb the import of sub-standard goods and bo...
Govt notifies Rs 945 crore seed fund scheme for startupsThe funds will be disbursed through selected incubators across India from 2021-25, the Department for Promotion of Industry and Internal Tr...
DPIIT releases quality control norms for refrigerating appliancesThe move comes at a time when the government is working to formulate technical regulations, which include safety and quality standards, for...
Small startups with turnover up to Rs 25 cr to get promised tax holiday: CBDTThe turnover limit for small startups claiming deduction is to be determined by the provisions of Section 80-IAC of the I-T Act and not fro...
Freedom from tax burden for angel fundsExemption from angel tax even if assessment order was passed before February 19.
No respite from Angel Tax despite DPIIT notificationStartups complain that little work has been done on the ground to bring them relief from the so-called ‘Angel Tax’ demon.
Startups to get angel tax relief retrospectively from Feb 19Clauses of Section 56 of the I-T Act won’t apply to cos if they meet criteria laid down by DPIIT.
How does the new angel tax reforms impact Indian startupsAt a time when the government is trying to give an impetus to entrepreneurship, the relaxation in angel tax rules may still not be what the...
Angel tax eased: Prabhu clears proposal to enhance startup definition, turnoverThe Department for Promotion of Industry and Internal Trade (DPIIT) would issue the notification.