Government’s Proactive Measures in Companies Act Amendment Enhancing Financial Compliance and Capital Accessibility The government is poised to implement significant changes to the Companies Act to facilitate easier access to capital for bankrupt entities while reinforcing the regulatory framework surrounding statutory audits. This initiative stems from ongoing efforts to optimize financial compliance and foster a more robust business environment. Key Legislative Changes and Clarifications Enhanced Auditor Independence Norms: In light of recent audit lapses, particularly […]

AI in Action: How Startups are Innovating on the Salesforce Platform Introduction AI advancements are transforming industries, but their true power is harnessed through practical solutions that enhance organizational efficiency. Salesforce excels in this domain by serving as a catalyst for AI adoption, enabling startups to innovate and build cutting-edge solutions, ultimately driving business growth. Highlights from Mint’s Series ‘All About AI’ In the third episode of Mint’s ‘All About AI’ series, hosted by Abhishek […]

How Departing VC Partners Fared: Navigating the Challenges of Raising Capital Over the past year, several partners have left established venture capital (VC) firms to embark on their own entrepreneurial journeys. However, they are facing significant challenges in raising capital as they contend with investors currently attracted to the higher returns of public markets. The Current Investment Climate Investor Preferences and Market Conditions Limited Partners (LPs), who traditionally invest in VC funds managed by General […]

Understanding the Surge in Income Tax Notices: Causes and Responses In recent months, there has been a notable rise in the number of income tax notices issued to taxpayers across India. These communications encompass various issues—from defective returns to demands for additional taxes—leading to significant anxiety and confusion, particularly among individual taxpayers. This article explores the reasons behind this increase in income tax notices and provides practical advice on effectively responding to them. Reasons for […]

The Rise of UPI: Anticipating Global Expansion Elevating India’s Digital Payment Footprint Globally At Estabizz Fintech Pvt Ltd, we stand at the forefront of transformative financial solutions and closely monitor the evolving landscape of digital payment systems. It’s a time of exciting growth, especially for the Unified Payments Interface (UPI), which is reaching beyond Indian borders. Reserve Bank of India (RBI) Governor Shaktikanta Das remains optimistic about these developments and projects a vivid vision for […]