INDIATECH
Bihar man buys second-hand car, pays Rs 14,000 for RC transfer, around 10 times the govt fees to agents, report finds
A new report by Consumer Voice and IndiaTech finds that used vehicle ownership transfers cost up to Rs 14,000 in parts of Bihar, with charges reaching 10 times statutory fees. UP takes over 30 days for RC transfers, while 39% of surveyed buyers and sellers reported delays.
Sachin Bansal may back Ola with $100 million investment
Flipkart founder’s bet would be largest personal investment in Indian Internet space.
Industry bodies push for relaxation in Delhi EV transition timelines
After IAMAI, Nasscom, which represents companies like Flipkart, Amazon and Uber, and tech industry lobby group IndiaTech (which represents companies including Ola, Zomato and Zepto) have also flagged the timelines for EV transition.
Exclusive: Used vehicle selling platforms like Cars24, Spinny, others fear new rules could puncture business
Platforms raise concerns over mandatory registration of second hand vehicle dealers via GST.
Crypto players want FinMin to relook proposed 1% TDS
Top crypto players are taking up the demand with the ministry through the Blockchain and Crypto Assets Council (BACC), which is part of the Internet and Mobile Association of India, and startup industry body IndiaTech.
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‘Tax games of skill differently from games of chance’
In a letter to Finance Minister Nirmala Sitharaman ahead of the Budget 2022, IndiaTech proposes that GST be levied only on the amount received by a gaming platform for providing its services and not on the prize pool.
Startup grouping IndiaTech writes to FM, seeks crypto tax rules in Budget
In the letter, IndiaTech has appealed to the government to tweak existing tax laws to include crypto assets, and sought clarity on the method of taxation and their disclosures.
Base online gaming norms on genre, age classifications: Indiatech to Govt
Startup grouping IndiaTech writes to IT minister to set standards similar to the Entertainment Software Rating Board (ESRB). IndiaTech wants civil society and industry collaboration to develop a code.
Crypto body IndiaTech recommends data sharing among exchanges, tighter KYC norms
IndiaTech has recommended an evolved approach to Know Your Customer (KYC) guidelines and for cryptocurrency exchanges to share customer details with each other to map all users engaged in crypto transactions in India.
IndiaTech proposes key changes in SR shareholding rules to Sebi
The conversation around shares with superior voting rights, or SR shares, is happening at a time when several Indian startups —from Paytm to Policybazaar—are looking to tap the public markets via IPOs.
Top crypto exchanges plan multi-pronged push for regulation
Crypto exchange ZebPay said it was joining IndiaTech, which represents India’s leading consumer internet startups such as Dream Sports, Ola Electric and Nykaa, besides investors like Steadview Capital and Falcon Edge
Top crypto exchanges plan multi-pronged push for regulation
Crypto exchange ZebPay said it was joining IndiaTech, which represents India’s leading consumer internet startups such as Dream Sports, Ola Electric and Nykaa, besides investors like Steadview Capital and Falcon Edge
Important to distinguish between fantasy sports and online games, say industry bodies
On Friday, Rameesh Kailasam, CEO, IndiaTech, Shwetasree Majumdar, Fidus Law Chambers and Bimal Julka, Chairman, FIFS for together on webinar to discuss the draft guidelines for online fantasy sports proposed by government think tank Niti Aayog.
Online fantasy sports' tax payout increased 2.6 times in FY20: IndiaTech
According to data collated by IndiaTech, 80 per cent of the participants play online fantasy sports for free, while the remaining 20 per cent opt for pay-to-play format. Around 98 per cent of the paid players have either won or lost less than Rs 10,000 net on an online fantasy platform in the past three-four years, according to the whitepaper.
Led by IndiaTech, Startups look to restart Governmnt talks
IndiaTech has been leading efforts to establish a listing norm for startups and is also pushing for differential voting rights.
IndiaTech proposes extending sunset clause in differential voting rights
The advocacy group has also recommended exempting tech founders from complying with the minimum promoters’ contribution requirement, set at 20% of post-issue capital.
Lobby seeks longer reign for startup founders after IPO
IndiaTech proposes extending sunset period in differential voting rights to 20 yrs
IndiaTech lobbies for dual-class share structure
A proposal has been pushed that includes raising the current cap on shares with differential rights.
IndiaTech in talks with govt regulators for easier Startup listing rules
Think tank to submit white paper on the need to create easier path to market for high-growth internet firms
Startups want GeM to list their services, give business
IndiaTech CEO Rameesh Kailasam said that this would allow startups to access a new market opportunity and, at the same time, government departments could benefit from the pricing advantages that many startups offer.
Desi startup lobby seeks to protect turf
The idea of differential voting rights is for the benefit of founders who dilute their stake in the company while raising funds.
Internet industry group IndiaTech backs ecommerce draft
IndiaTech said the policy would boost local venture capital network and protect consumers in the long run.
Rameesh Kailasam named CEO of think-tank IndiaTech
For the last five years Kailasam has been with APCO, which is well known for advising PM Modi in various roles.
Domestic internet think-tank and lobby group IndiaTech names new CEO
Kailasam was formerly the acting managing director of public affairs and strategic communications consulting company APCO Worldwide, according to professional networking platform.
Startup lobby losing sheen, say experts
The lobby had been set up in the wake of calls by Sachin Bansal of Flipkart and Bhavish Aggarwal of Ola for policies to protect homegrown tech startups.
Startup lobby group loses its chief executive
Gyanendra Badgaiyan, a former IAS officer hired in November as the chief executive of Indiatech, has put in his papers, multiple people familiar with the development said.
SoftBank to back startup lobbying group conceptualised by Sachin Bansal, Bhavish Aggarwal
Joins Kalaari, Matrix In Fight Against Foreign Competitors.
Badgaiyan is internet companies' lobby group Indiatech.org's new CEO
Indiatech.org is expected to start staffing up after Badgaiyan formally joins in the next few days.
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