Read the first part of the article here where we discussed the “who, what and when” of a typical budgeting process. In this part we shall discuss the “how” of tackling the key challenges of the budgeting process.
During the week ended 24 March, 2013, there were nine PE/VC deals worth $231.9mn compared to five deals worth $40.7mn in the previous week. The year 2013 has so far aggregated $830.3mn of PE investments across 85 deals compared to $2.38bn (130 deals) during the same period last year. PE Deals that happened during the week [...] Read More
YourStory’s inaugural Bootcamp was held in IIT Delhi last Saturday and it reaffirmed our belief in the Delhi NCR startup ecosystem. A rocking affair, the participants had unprecedented levels of both passion and intellect. Conducted by Soumitra Sharma from IDG Ventures India Advisors, the Bootcamp was a comprehensive one day session on all aspects of [...] Read More
Taxmantra.com, a taxation, company law and regulatory service provider to individuals and businesses both online and off-line medium, announced the launch its one-for-all income tax return filing platform that will cover salaried individuals, self-employed, non-residents/person of Indian origin, companies and also LLPs. The newly launched platform does not require the user to key in information on the [...] Read More
InQvent Holding, an investment banking firm announced its plan to incubate and invest in three new age ventures this year. Their earlier investment was in pre and post hospitalization service providing company Alacurity. With the recent budget announcement of relaxing VC fund regulations, the company is keen on lending its services to new knowledge driven, youth oriented business ideas and [...] Read More
The Indian Finance Minister is a popular man today. He has managed to put smiles on faces of many in the corporate world through what is being termed as a “prudent”, “safe” budget. Union Budget 2013 also made the fairer sex of our country feel special with provisions for ‘Nirbhaya Fund’ and the announcement of [...] Read More
As the noise around Union Budget 2013 increases, everyone is getting their wishlist out. The finance minister of India will be the most sought after person for the next few days. Most thought leaders and industry bigwigs want the budget to rein in inflation, provide for tax regimes and put the economy back on a [...] Read More
Dear Mr. Finance Minister,
Hope you are doing well, and burning the midnight oil in trying to figure out the best way forward for Indian economy. Amidst the slowdown in power sector, shrinking margins of telecom sector, postponement of infrastructure projects and social gloom around women’s safety, I would like to draw your attention towards the Indian entrepreneur. The one who, in between all the gloom and despair, still gets up in the morning with all the optimism and energy there can be, and steps out to address unsolved problems that face both our country and the world. I write to you as a venture capital investor in India, having a ring side view of the highs and lows of this eccentric (that’s what society labels him) entity’s life.
Business segment covered by SME ‘s in India are on growth trajectory coupled with globalisation of Indian Economy. Let’s analyse the potential sources of funding under various category
It’s a general notion that things like accounting, taxation, maintenance of records, preserving supporting bills of expenses and others, conjure up only when one has a proper office setup and is working from his office; Working from the comfort of ones home or say drawing room or working as a freelancer from ones laptop or an ipad do not call upon these compliances.