DPIIT working on credit guarantee, seed fund schemes for startups
The government had launched Startup India Action Plan in January 2016 to promote budding entrepreneurs in the country. The plan aims to give incentives such as tax holiday and inspector raj-free regime and capital gains tax exemption.
Govt to release states' startup ecosystem ranking Friday
An Evaluation Committee comprising independent experts from the startup ecosystem, c...
Goyal asks startups to come up with holistic paper on issues related to ESOPs
He suggested that all "sunicorns and unicorns" may sell one per...
DPIIT, revenue dept weigh options for more tax relaxations to startups: Official
Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Guruprasad Mohapatra said that they will be submitting a comprehensive vision document for startups to the Cabinet, which has proposed series of steps.
DPIIT calls for an inter-ministerial meet on royalty payments on August 25
Earlier, a proposal was under consideration of the government to impose some kind of limits on royalty payments in case of technology transfer or collaboration involving foreign entities either directly or indirectly through any firm in India.
E-tailers in India begin work to list 'country of origin' labels on products
The Indian trade ministry's Department for Promotion of Industry and Internal Trade (DPIIT), which hosted an online meeting of e-commerce players on Wednesday, wanted the changes to be implemented by the end of July.
Govt insurance firms, pension funds may power Fund-of-funds
Currently, talks are on between various government agencies such as DPIIT, and industry regulators including the Insurance Regulatory and Development Authority of India and Sebi to make this a reality.
DPIIT to seek nod for startup credit scheme, seed fund
Since the launch of the Startup India initiative on January 16, 2016, the DPIIT has recognised 28,979 startups as of March 1, 2020. Of these, 27,137 startups employed around 337,000 people.
Ernst & Young, PricewaterhouseCoopers, KPMG qualify tech round for startups
The consultant will be the single node of access to line ministries for startups to pitch their ideas and as they trial-run disruptive technologies and implement pilots.
E-commerce companies like Amazon, Flipkart seek time to comply with labelling rule
Companies have been asked to provide feedback within a fortnight about the modalities after discussing it with sellers on their platforms.
11 industrial corridors to come up by FY25, talks for Delhi-Nagpur industrial corridor project development activities to begin soon: DPIIT
Of these, five projects- Dholera Special Investment Region, Shendra Bidkin Industrial Area, Integrated Industrial Township Greater Noida, Integrated Industrial Township Vikram Udyogpuri and integrated Multi Modal Logistics Hub at Nangal Chaudhary- have already been approved, the department said in a note.
House panel for abolition of LTCG tax on investments in startups
India's startup sector welcome the recommendation of abolishing long term capital gains (LTCG) in startup investments.
India plans to set up Japanese industrial township in Assam: DPIIT Secretary
Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Guruprasad Mohapatra said they are working on a Geographic Information System-enabled data base of industrial areas and clusters across the country.
Consultants likely to scrutinise government tenders and track Make-in-India: DPIIT
Department for Promotion of Industry and Internal Trade said it “intends to onboard an agency for one year for scrutinising tenders of central government procuring agencies for its compliance with the order”.
DPIIT to appoint agency to scrutinise govt tenders for compliance with procurement norms
The Department for Promotion of Industry and Internal Trade (DPIIT) will rope in a consulting agency to scrutinise tenders of government procuring entities for compliance with public procurement regulations that aim at promoting 'Made in India' products.