Exemption from Dividend Distribution Tax (DDT) on distribution made by an SPV to Business Trust effective from the 1st day of April, 2016 Modification in conditions of special taxation regime for off shore funds Section 9A Enabling provision for implementation… Read more
Category: Misc
Streamlining Documents for Better Business Processing
Organization is a complex structure. Whether it’s a venture or a long-established firm, all organization comprise of multiple functional structures. A lot of energy and dedication make these processes work. Every single department has to work its best to make… Read more
I was close to shutting down Flipkart in 2012 : Sachin Bansal
“In the world of e-commerce, Flipkart co-founder, Sachin Bansal is a force to reckon with. The success of Flipkart has increased by leaps and bounds and its growth story is alien to none. Scripting his entrepreneurial journey, Bansal underwent his… Read more
The Networth requirement for an asset management company
Many of our regulators – IRDA, TRAI and now SEBI may all be having good intentions, but the way it is being expressed is rather amusing. Now SEBI is saying that an Asset Management Company should have a net-worth of… Read more
Interest Rates, Gold and Mutual Fund
What is happening in the mutual fund industry? Well it is a little funny. Most of the fund houses are not getting any money in their equity schemes. A few schemes which are doing well are able to get some… Read more
What is Mean Reversion?
The average return on equity investments (without reinvestment of dividends) is about 18% over the past 31 years. Does it mean that every year you got 19%? The answer is no. Such ‘zero standard deviation return’ is possible only in… Read more
More Media Lessons:
First Question Sir I have Rs. 100,000 to invest, what should I do? Want to invest for 7 years… Answer: In such turbulent times you should not invest in an equity scheme. So please invest this money in a clutch… Read more
Why CFO’s keep Working Capital Optimization on top of the agenda
Co-founders and the small C-Suite team including of course the CFO at startups, as much as key business leaders and entrepreneurs, are a worried lot today. There’s, of course, the on-going volatility in the global stock markets adding to the… Read more
Startup Valuation for dummies
One of my techie friend started a venture with two of his mates and they had a product ready petty soon. This was relatively easy as they had the money to build the product but now the problem arises that… Read more
Form INC 29 – Fast Track Company Registration
REGISTERING YOUR COMPANY UNDER FAST TRACK SCHEME: The Ministry of Corporate Affairs has taken an initiative step to reduce the burden of registration process for the new start-ups by creating a new pattern of registration with Form INC 29. You… Read more