How to Register and Kickstart Your Entrepreneurial Journey with Startup India Scheme Introduction Entrepreneurship is a challenging yet rewarding journey, and government initiatives can provide valuable support to aspiring entrepreneurs. The Startup India Scheme, launched by the Government of India, aims to foster a vibrant startup ecosystem by providing various benefits and incentives. This comprehensive […]
Understanding Tax Slabs in India: Rates, Exemptions, and FAQs In India, the income tax system is also structured in a progressive manner, with various tax slabs based on income levels. The income tax rates for the assessment year 2022-23 (financial year 2021-22) are as follows: These tax rates are applicable to individuals who are below […]
Equity-Linked Saving Schemes (ELSS) are considered to be the best tax saving option for several reasons: However, it is important to keep in mind that ELSS is a market-linked investment and the returns are not guaranteed. It is important to consider one’s risk tolerance and investment horizon before investing in ELSS. Types of ELSS ELSS […]
There are various funding options available for startups in India, including: It’s important to note that each funding option comes with its own set of advantages and disadvantages, and the right choice depends on the specific needs and circumstances of each startup. Angel investors: Angel investors are high-net-worth individuals who invest in early-stage startups in […]