In his book Homo Deus, celebrated author Yuval Noah Harari writes that Microsoft is developing a very sophisticated system called Cortana. Cortana is an AI personal assistant that Microsoft hopes to include as an integral feature of future versions of Windows. Users will be....
We have been receiving multiple queries on closure / strike-off of company where the subscribers have failed to pay for the shares subscribed. There are situations where subscribers have paid towards share subscription but have not commenced business or may be the company has....
Dividend represents a participation in the profit, based on the amount of share held by the shareholder. A Company works in a way through which an investor can flow their money to the industry and result into nation building. It is thus a matter of more than a private....
As per the report by consulting firm HexGn, Indian startups, which includes Zomato, Byjiu’s, Phonepe, Unacademy etc are estimated to have received more than USD 10 billion in funding across more than 1,200 deals in 2020 despite the COVID crisis. An innovative idea needs to be....
Quick Glance Indirect Foreign Investment is considered as Downstream Investment (DI). Downstream investments can be made through internal accruals. Indian entity can make DI by bringing in requisite funds from abroad. However, entity making DI cannot use funds....
When Distributions are to be made during Liquidation, the same can be taxable in the form of Deemed Dividend in the hands of Contributory or as Capital Gains. Deemed Dividend Section 22 (2) (c) states that dividend includes: “Any distribution made to the shareholders of a....
When Distributions are to be made during Liquidation, the same can be taxable in the form of Capital Gains or Deemed Dividend in the hands of Contributory. What are Capital Gains? Section 45 of Income Tax Act, 1961 (“the Act”) provides that any profits or gains arising....
Winding Up The liquidation or winding up of a company is the process whereby its life is ended and its property is administered for the benefit of its creditors and members. An Administrator, called a liquidator, is appointed and he/she takes control of the company, realizes....
With an innovative idea, efficient team, stable business model, sufficient funding and the right timing, you have got yourself a Start- Up! Change is the only constant and Start-Ups are the way to bring this change: Meru Cab to Ola, Orkut to Facebook, Messengers to WhatsApp,....
Our perception of values is dramatically subjective. Few years ago, a couple of Harvard Business School professors published an article titled Creating Shared Value (CSV). It was about maximising revenues, whilst also offering benefits that add to the local community. All....
