Concerns for Businesses: GST ITC Restriction on CSR Spend Introduction: Concerns for Businesses: GST ITC Restriction on CSR Spend highlights the crucial role of a robust VAT system in maintaining a seamless flow of Input Tax Credit (ITC). However, businesses face challenges in determining the eligibility of ITC, particularly regarding the Goods and Services Tax (GST) paid for fulfilling Corporate Social Responsibility (CSR) obligations. This article focuses on the debate surrounding whether CSR expenditure can […]

Sebi’s Master Circular for RTAs: Key Updates and Responsibilities The recent release of the master circular for registrars to an issue and share transfer agents (RTAs) by the Securities and Exchange Board of India (Sebi) signifies a significant step in regulating and overseeing the responsibilities and operations of RTAs. The circular, dated May 17, 2024, incorporates relevant guidelines and directives issued by Sebi from May 17, 2023, onwards, consolidating various aspects pertaining to registration, transfer-related […]

Is breaking up Big Tech really the magic bullet for startups? Microsoft unbundles Teams from Office Suite Microsoft’s decision to unbundle its video conferencing platform, Teams, from the Office suite comes after facing regulatory scrutiny over anti-competitive practices. While the bundling of apps has been under investigation by authorities, breaking up Big Tech may not be the ultimate solution for startups. Why did Microsoft remove Teams? In 2020, when the pandemic hit, Microsoft included Teams […]

Building a Global Business Empire in the 21st Century: The Rise of Quasi-Mergers In today’s interconnected business landscape, companies are constantly seeking ways to collaborate and expand their empires without fully committing to traditional mergers and acquisitions. Enter the era of quasi-mergers – strategic partnerships, joint ventures, and collaborations that allow firms to combine resources, knowledge, and capital while maintaining their independence. These arrangements have gained popularity in sectors like technology, artificial intelligence, carmaking, and […]

🚀 Investment Landscape: Focus Shift from Unicorns to Emerging Startups In today’s investment realm, a notable shift has emerged as startup investors are directing their attention away from lavish unicorn valuations towards smaller, yet promising enterprises. This trend signifies a growing inclination towards companies valued at up to a billion dollars, while those surpassing the $2 billion mark are encountering a dearth of interest from investors. Data Insight from Tracxn 318 deals below $1 billion […]