All You Need to Know About the Startup India Program As a Startup Founder!
INTRODUCTION The startup ecosystem in India has witnessed remarkable growth in recent years, and the government has been actively supporting this wave of entrepreneurship through initiatives like the Startup India program. Team YLCC aims to provide a comprehensive understanding of...
Prime Minister’s Employment Generation Programme (PMEGP)- All you need to Know as an Entrepreneur!
INTRODUCTION The Prime Minister’s Employment Generation Programme (PMEGP) has supported approximately 780,000 micro enterprises since its establishment. These enterprises have received a substantial subsidy amounting to Rs 19,995 Crore and as a result, an estimated 6.4 million sustainable employment opportunities...
Should You Register your Organization as a Startup or MSME?
INTRODUCTION Indian startups experienced a significant drop in fundraising this year, with total funds raised amounting to $3.8 billion, marking a 36% decline compared to 2022. This is the lowest six-month funding seen in the past four years. However, Fintech,...
Tax Benefits for Startups & MSMEs in India!
INTRODUCTION During her Budget speech, Finance Minister Nirmala Sitharaman emphasised the government’s dedicated focus on nurturing the startup ecosystem in India. Sitharaman highlighted that the government’s measures for startups have yielded positive results, positioning India as the third-largest startup ecosystem...
Drafting Distribution Agreements: Unlocking Growth and Maximizing Market Reach!
INTRODUCTION In the domain of commerce, where manufacturers and suppliers seek to extend their market reach, and distributors strive to capitalize on a diverse portfolio of products or services, the distribution agreement emerges as an important instrument of collaboration. At...
Encouraging Powerful Partnerships: Drafting Sponsorship Agreements That Drive Brand Awareness and Boost Revenue!
INTRODUCTION On July 22, 2021 (see here), Tata Consultancy Services entered into an extensive sponsorship agreement with the New York Road Runners. The agreement, spanning eight years, ensures the continuation of TCS’s title and technology sponsorship of the esteemed TCS...
Drafting GDPR-Compliant Data Breach Notification Agreement: Safeguarding Personal Data and Ensuring Accountability!
INTRODUCTION The General Data Protection Regulation (GDPR) is a comprehensive data protection law enacted by the European Union (EU) in May 2018 and is designed to safeguard the privacy and personal data of EU residents and applies to organizations processing...
Drafting GDPR-Compliant Data Protection Impact Assessment (DPIA) Contract: Ensuring Data Privacy and Compliance!
INTRODUCTION Protecting personal data has become quite important in today’s digital world, both for individuals and organizations. The increasing concerns about data breaches and privacy violations have highlighted the need for strong regulations to safeguard sensitive information. The General Data...
How to Draft a Sexual Harassment Policy at the Workplace?
INTRODUCTION In today’s society, creating a safe and inclusive work environment is important. One aspect of achieving this is having a well-defined sexual harassment policy in the workplace. Sexual harassment is a sensitive issue that can have major effects on...
Encouraging Powerful Partnerships: Drafting Sponsorship Agreements That Drive Brand Awareness and Boost Revenue!
INTRODUCTION On July 22, 2021 (see here), Tata Consultancy Services entered into an extensive sponsorship agreement with the New York Road Runners. The agreement, spanning eight years, ensures the continuation of TCS’s title and technology sponsorship of the esteemed TCS...