Union Budget 2024: Indian Co-working Sector Awaits a Decrease in GST, Infrastructure Boost, and Tax Incentives The co-working sector in India eagerly anticipates beneficial measures in the forthcoming interim Union Budget, including a drop in GST rates specifically for small-scale patrons, and clarified pointers on GST implementation concerning electricity charges. These facilitative strategies would serve to stimulate further growth in the industry. Growth Prospects in the Co-working Industry Illustrating the growth-driven trajectory, the coworking sector […]

Navigating Claims in Investor Education & Protection Fund (IEPF) At Estabizz Fintech, we specialize in assisting you to reclaim shares from Government’s IEPF. When dividends remain unclaimed for a continuous span of 7 years, the related dividend, as well as the corresponding shares, are transferred to IEPF under the supervision of the Ministry of Corporate Affairs, Govt of India. Retrieving your entitlement from IEPF can be a complex process that involves engaging with the Nodal […]

SEBI Plans to Bring Finfluencers Under Regulatory Ambit The Securities and Exchange Board of India (SEBI), represented by Kamlesh Varshney during the Mint Annual BFSI Summit & Awards, announced a plan to implement stricter norms for financial influencers, or finfluencers, into the Indian financial market. Risks of Unregistered Finfluencers Lately, the Indian financial market has been facing a major issue with the operations of unregistered finfluencers. Numerous investors who lack sufficient knowledge have fallen victim […]

Dramatic Funding Boost for Mental Health Startup Amaha. Amaha Secure Funding Boost. Joining the major league of fundraisers, Amaha, a top-of-the-line mental health startup, recently secured ₹50 crore in a substantial Series A funding round. Fireside Ventures brilliantly spearheaded this fundraising effort, along with the generous contribution of ₹15.6 crore from other change-making angel investors. Investing in Mental Health – The Amaha Vision Previously known as InnerHour, Amaha’s vision for this new funding is clear […]

Same-day Settlement of Trades: Liquidity Concerns Raised by Foreign Portfolio Investors Historically, institutional investors have extensively utilized the T+1 settlement method. Today, however, the scenario is changing rapidly, with the Securities and Exchange Board of India (SEBI) ushering in T+0, or same-day settlement, of trades as a new norm. Not all participants are embracing this alteration with open arms; significant concerns stem from Foreign Portfolio Investors (FPIs) on account of potential liquidity fragmentation they foresee. […]