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.

  • Draft Enabling Framework for Regulatory Sandbox

    Draft Enabling Framework for Regulatory Sandbox

    In July 2016 the Reserve Bank of India (RBI) had setup an inter-regulatory Working Group to look into and report on various aspects relating to fintech. One of the key recommendations of the Working Group was the introduction of an

  • National Policy on Software Products, 2019

    National Policy on Software Products, 2019

    The Ministry of Electronics and Information Technology released the National Policy on Software Products, 2019 (“the Policy”) aimed at stimulating the software products ecosystem in India. The Policy acknowledges that the Indian IT/ITeS industry is primarily service oriented. The Policy

  • Draft E-commerce Policy: The dawn of a new beginning

    Draft E-commerce Policy: The dawn of a new beginning

    Data is the basic building block of everything we are trying to do in this age of Industry 4.0. Data is a valuable resource for any individual, corporation or the Government. Data can be used for analytical, statistical, business, security

    Sharda Balaji
    By Sharda Balaji 12 months ago
  • BSE Startup Platform and Revised Listing norms at National Stock Exchange

    BSE Startup Platform and Revised Listing norms at National Stock Exchange

    Many initiatives have been undertaken in the recent years for facilitating direct listing and consequent public trading of startup securities in India. In January 2010, Prime Minister’s Task Force recommended to set up a dedicated stock exchange for small and

    Sohini Mandal
    By Sohini Mandal about 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,

    Paul Albert
    By Paul Albert over 1 year 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 over 1 year ago
  • Update: Regulatory Department of Industrial Policy and Promotion (DIPP) Notification on Definition of Start-ups

    Update: Regulatory Department of Industrial Policy and Promotion (DIPP) Notification on Definition of Start-ups

    The Department of Industrial Policy and Promotion (DIPP) vide its notification dated 11 April 2018 has amended its previous notification dated 23 May 2017 on the eligibility guidelines for ‘start-ups’. This notification is in suppression of the earlier notification dated

  • Regulatory update: Department of Industrial Policy and Promotion (DIPP) Notification on Definition of Startups

    Regulatory update: Department of Industrial Policy and Promotion (DIPP) Notification on Definition of Startups

    The Department of Industrial Policy and Promotion (DIPP) vide its notification dated 11 April 2018 has amended its previous notification dated 23 May 2017 on the eligibility guidelines for ‘start-ups’. This notification is in supersession of the earlier notification dated

  • Estonia: The ‘Smart’ Country

    Estonia: The ‘Smart’ Country

    Estonia: The ‘Smart’ Country We had an opportunity to visitTallin, the capital city of Estonia and what a rich experience it was, as we went from exploring the Enterprise Estonia showroom and the e-Residency opportunities to having interesting discussions with

    Sharda Balaji
    By Sharda Balaji over 2 years ago
  • Free Handbook on Startup India Action Plan

    Free Handbook on Startup India Action Plan

    This freely downloadable e-book is a ready reckoner on the Startup India Action Plan and a compilation of our previous posts on the subject. We iterate herein the various benefits available to startups under the Startup India Action Plan, and

    Sharda Balaji
    By Sharda Balaji over 2 years ago
  • Startup India Action Plan: A Yearly Review

    Startup India Action Plan: A Yearly Review

    (Note: This post appeared first on NextBigWhat) [caption id= align=aligncenter width=582] Image Credit: makeinindia.com[/caption] The Startup India Action Plan (the “Plan”) though not exactly a game changer, has been one of the flagship initiatives of the government of India, towards

    Sharda Balaji
    By Sharda Balaji almost 3 years ago
  • Promotion and Acceleration of Young and Aspiring technology entrepreneurs (“PRAYAS”) - Benefits for startups

    Promotion and Acceleration of Young and Aspiring technology entrepreneurs (“PRAYAS”) - Benefits for startups

    For nurturing knowledge based and technology driven ideas and innovations into successful Start-ups, the Innovation & Entrepreneurship Division, Department of Science & Technology (“DST”), Government of India developed an umbrella programme called National Initiative for Developing and Harnessing Innovations (“NIDHI”).

    Sharda Balaji
    By Sharda Balaji over 3 years ago
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