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March 16, 2016 Nasscom opens 10,000 startups warehouse in Visakhapatnam
The initiative aims to scale up the startup ecosystem in India by 10 times over the next 10 years. Nasscom will incubate, fund and provide support for 10,000 technology startups in India over the next decade. Hyderabad: Software industry lobby group Nasscom Tuesday opened a facility for startups in Visakhapatnam, where technology entrepreneurs with innovative […]
ALL DEALS March 11, 2016 Nasscom proposes start-ups be exempt from direct, indirect taxes
Nasscom also sought steps to increase investments in start-ups. New Delhi: Software lobby Nasscom on Wednesday proposed that all start-ups be exempted from direct and indirect taxes to reduce compliance burden and cash outflows. In its pre-budget recommendations submitted to the finance ministry, Nasscom also demanded removal of so-called angel tax levied on capital receipts. […]
