Tag Archives: startup

Indian startup may open foreign currency account outside India : RBI

RBI/2015-16/430 A.P. (DIR Series) Circular No. 77 [(2)/10(R)] June 23, 2016 To All Category – I Authorised Dealers and Authorised Banks Madam / Sir, Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) Regulations, 2015 Attention of Authorised Dealers Banks is invited to the Foreign Exchange Management (Foreign Currency Accounts by a… Read More »

Startup- Generally Asked Questions

Startup 1.For Startups What qualifies as a “ Startup ” for the purpose of Government schemes? An entity (Private Limited Company or Registered Partnership Firm or Limited Liability Partnership) shall be considered a “Startup” – a) Upto 5 years from the date of its incorporation/ registration, and b) If its turnover for any of the… Read More »

Govt Notifed what is startup enterprises

Startup enterprises THE GAZETTE OF INDIA EXTRAORDINARY [PART II—SEC. 3(i)] MINISTRY OF COMMERCE AND INDUSTRY (Department of Industrial Policy and Promotion) NOTIFICATION New Delhi, the 17th February, 2016 G.S.R. 180(E).—The Government of India has announced ‘ Startup India ’ initiative for creating a conducive environment for startups in India. The various Ministries of the Government… Read More »