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No bumpy ride for startups as govt okays Rs 10,000 cr corpus

A majority of successful startups have been funded by foreign venture funds and many of them are locating outside the country to receive such funding. The government on Wednesday approved Rs 10,000......

Dividend tax only on dividend income above Rs 10 lakh

This amendment will be effective for the assessment year 2017-18 and subsequent assessment years. The new 10 per cent dividend tax will be payable only on dividend income over and above Rs 10 lakh......

India's super rich now have a new toy to play with

Stressed asset funds could offer higher returns than traditional fixed-income funds, but holding period will be longer due to the risky underlying assets Ultra-high net worth investors (UHNIs)......

NIIF: A perfect solution for the cash-strapped economy

The overriding objective of the National Investment and Infrastructure Fund (NIIF) must be adequate economic return, not financial return, says Vinayak Chatterjee. The distinction is important. The......

Budget: A milestone towards ushering in reforms

The Budget sets out a comprehensive vision for all-round economic overhaul, notes Mukesh Butani. Image: Vital reforms to catapult the Indian economy into a double-digit growth. Photograph:......
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Investors, entrepreneurs view start-up fund with scepticism

The ₹10,000-crore start-up fund may be well intended, but investors and entrepreneurs are sceptical as there is no clarity on how the government... ...

http://www.thehindubusinessline.com/economy/investors-entrepreneurs-view-startup-fund-with-scepticism/article8769640.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
In angel tax drama, devil is in the details

A simpler solution would be to just do away with the angel tax, no riders attached Last week, the Central Board of Direct Taxes (CBDT) issued a... ...

http://www.livemint.com/Opinion/EyNaqggNDGJachajOSwAdN/In-angel-tax-drama-devil-is-in-the-details.html
Potash Ridge Enters into Memorandum of Understanding with SNC-Lavalin for the Development of the Blawn Mountain Project

From the Wires Jun. 23, 2016 10:17 AM TORONTO, ONTARIO -- (Marketwired) -- 06/23/16 -- Potash Ridge Corporation (the "Corporation")... ...

http://in.sys-con.com/node/3856083
President Mukherjee's chopper fails to land at Kedarnath

President Pranab Mukherjee could not visit the Kedarnath shrine in Uttarakhand on Wednesday due to inclement weather. According to officials,... ...

http://m.hindustantimes.com/india-news/president-mukherjee-s-chopper-fails-to-land-at-kedarnath/story-aBIWukmBRnNpgMeuerz3JO.html
High on dopamine, cabinet pushes business envelope

Close on the heels of the radical reforms in its foreign investment policy earlier this week, the Union cabinet on Wednesday announced the... ...

http://www.mydigitalfc.com/policy/high-dopamine-cabinet-pushes-business-envelope-997

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