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National Startup Day validates role of startups in growth of economy

New Delhi, Jan 16 (PTI) National Startup Day is a validation of the role of startups in the growth of the country's GDP and strengthening India's position at a global stage, and will encourage young talent to see entrepreneurship as a primary career option, according to industry experts. On Saturday, Prime Minister Narendra Modi announced [...]

Favourable policy helping start-ups in Karnataka: Minister

Bengaluru, Jan 16 (PTI) Extolling the start-up policy of Karnataka, the state Minister for IT-BT and Skill Development Dr C N Ashwath Narayan on Sunday said that out of 46 start-ups chosen from across India for the National Start-ups Awards-2021, 14 are from Karnataka. Addressing a press conference on the achievements of start-ups from Karnataka [...]

PMC Bank merger with Unity Small Finance Bank awaits govt approval

New Delhi, Jan 16 (PTI) The proposed merger of debt-ridden Punjab and Maharashtra Cooperative Bank with Unity Small Finance Bank (USFB) is being examined and the process of amalgamation will start after the government approval, sources said. Various aspects of the scheme of amalgamation have been examined and the government would soon send its suggestions, [...]

CSC launches Yogyata app to impart skill-based vocational education to rural youth

New Delhi, Jan 16 (PTI) Common Services Centers (CSC) has launched the ''Yogyata'' mobile phone application to provide vocational education and skill enhancement opportunities to youth and citizens in rural areas.The Yogyata app will leverage CSCs massive reach and penetration in the target group while providing an opportunity to access courses that add skills and [...]

Swadeshi Jagran Manch opposes direct listing overseas

New Delhi, Jan 16 (PTI) Amid a clamour for allowing direct listing of Indian unicorns in overseas market without listing on domestic bourses, Swadeshi Jagran Manch (SJM) has said the remedy is worse than the disease as Indian authorities will not just lose the oversight but also the right to tax gains accruing from businesses [...]
Budget could consider levying TDS/TCS on crypto trading, make it reportable in SFT

Budget could consider levying TDS/TCS on crypto trading, make it reportable in SFT

New Delhi, Jan 16 (PTI) The government could consider in the upcoming Budget levying TDS/TCS on sale and purchase of cryptocurrencies above a certain threshold and such transactions should be brought within the ambit of specified transactions for the purpose of reporting to income tax authorities, Nangia Andersen LLP Tax Leader Aravind Srivatsan said. Also, a [...]
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