Sec 56 of the Income Tax Act imposes a tax liability on issue of shares at premium and gives leeway to the ITO to question the DCF valuation. Some investor entities are exempt; Angel Groups must also be made exempt.
“If you buy things you don’t need, you will soon have to sell things you need” [Warren Buffet]
Startup CEOs think networking, social engagement is a chore. Not a part of life. As CEO, your key job responsibility is creating opportunities, finding great people to connect with, to hire
There are so many books to read and so little time. But you can’t afford to miss some of them either. We bring you a list of books that some of the greatest entrepreneurs of India are reading now. Take a look.
Often the associate, the principal and the partner will ask you the same questions!
Book Review : The Hard Thing About Hard Things [Don't Read This If You Romanticize Entrepreneurship]
And till date, nobody has written any book on wartime CEOs, maybe because most of the wartime CEOs lose the battle and in general, aren’t considered a darling.
In the first interaction itself, the system should be able to weed out the windows shoppers. And that’s what this book seller in MG Road Bangalore has done.
Also, growth for the sake of growth is too boring. You are part of someone else’s plan doing that – usually the venture capitalists who would rather see you try to grow fast than not.
The book is written by Yann Girard, an entrepreneur. Yann has started, run and advised several startups and has worked in the Venture Capital scene in Berlin & New York.
In this post, Rushabh Mehta the founder of ERPNext talks about Givers & Takers in the Indian startup scene.