Living with the times

A lawyer who is not up to date with the current legal and regulatory updates is nothing short of dangerous. Therefore, at NovoJuris Legal, we strive to stay current. We are also strong believers of growth of knowledge through sharing. These articles and blogs help us share our research with the world, so that no one has to reinvent the wheel yet again.

  • Valuation of shares: Choosing the Valuer

    Valuation of shares: Choosing the Valuer

    Valuation in early stage companies should be market driven, as in, there is an investor willing to invest and a company which is primed to grow. The discussion between them should be the guiding factor. However, this point is highly

    Sharda Balaji
    By Sharda Balaji 9 months ago
  • DPIIT registered Start-ups to get relief from Angel Tax. Recognition of Start-ups becomes easier

    DPIIT registered Start-ups to get relief from Angel Tax. Recognition of Start-ups becomes easier

    The Department for Promotion of Industry and Internal Trade (DPIIT) vide its press release dated 19 February 2019 has shared that the Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu has cleared a proposal for simplifying the process

    AS
    By Avaneesh Satyang over 1 year ago
  • Proposal cleared for DPIIT registered Start-up to get exemption from Angel Tax, definition of Start-ups widened

    Proposal cleared for DPIIT registered Start-up to get exemption from Angel Tax, definition of Start-ups widened

    The Department for Promotion of Industry and Internal Trade (DPIIT) vide its press release dated 19 February 2019 (Gazette notification is awaited) has shared that the Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu has cleared a proposal

    Sharda Balaji
    By Sharda Balaji over 1 year ago
  • Fund raising and valuation: Company can choose the methodology

    Fund raising and valuation: Company can choose the methodology

    The recent ruling by the income tax appellate tribunal (“Appellate Tribunal”) of Jaipur dated 12 July 2018 in the case of Rameshwaram Strong Glass Private Limited v ITO has come as a significant relief for tax payers. In this matter,

    PA
    By Paul Albert almost 2 years ago
  • Early Stage Valuations: Legislative Context and Continuing Saga of Angel Tax

    Early Stage Valuations: Legislative Context and Continuing Saga of Angel Tax

    The last couple of months have been quite interesting in the startup ecosystem in India, given the legislative changes in the context of Section 56(2)(viib) of the Income Tax Act, 1961, or what we know as the ‘Angel Tax’ provision.

    Sharda Balaji
    By Sharda Balaji about 2 years ago
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