In a bid to boost innovation in the country, there’s an urgent need to bring in reforms in patents and intellectual property rights so that new innovation is inoculated against intellectual property theft.

And to build towards that vision, the union finance minister Nirmala Sitharaman in the budget 2020 pitched for improved intellectual property rights through dedicated policy in this regard.

FM Sitharaman pitched a digital platform to facilitate seamless application and capture of intellectual property rights.

She said that a centre would be established within an institute of excellence to solve the complexities and contribute to innovation in the field of intellectual property.

The Union Budget 2020 also called for knowledge translation clusters, which would facilitate transfer and customisation of available resources and intellectual property rights. | To read full story, visit https://startuparound.com/read/1580645487.6126976/Union-Budget-2020:-Govt-Promotes-Digital-Platform-For-Intellectual-Property-Rights?ref=audio_experience

The Finance Bill 2020 states that the tax liability will be determined at the point of exercise of the ESOPsEcstasy and agony.

Those who tracked the budget as entrepreneurs or investors into startups vacillated between these emotions as the Union Budget 2020 speech progressed and the Finance Bill 2020 came out.

Until the Finance Bill 2020 was released.

Furthermore, the solution is a half-way measure between the status quo and what the industry wanted, i.e, taxation at the point of sale.

India can ill afford to have its tax policies be the Achilles Heel of Startup India. | To read full story, visit https://startuparound.com/read/1580643682.8401473/Union-Budget-2020:-Startup-2.0-Deferred-Once-Again?ref=audio_experience

Today, we have Mr Hari Om Meena as our interviewee.

Hari Om Meena is the founder of a unique startup called FilpPaisa.

You will learn a lot from this story of Hari Om Meena in his own words.

I am Hari Om Meena and I am the founder of FilpPaisa which is offering cashback and discounts to the consumers.

There is 100's of coupons or cashback offering websites available in India as of now, but most of them do not offer cashback to the end-user. | To read full story, visit https://startuparound.com/read/1580641209.606787/Interviewing-Hari-Om-Meena?ref=audio_experience

When the Finance Minister Nirmala Sitharaman announced the new income tax slabs on Saturday, little did anyone realise that it is going to be part of a social experiment.

It will be a simplified tax structure that the younger people will like.

While the multi-tier tax structure is real now, only those who opt out of claiming deductions can avail of these new income tax rates.

Startups keen to qualify for this will have to register under Section 80IAC of the Income Tax Act, which means more paperwork.

Since most companies may not choose to register under section 80IAC, employees may have to pay taxes under the old regime. | To read full story, visit https://startuparound.com/read/1580635808.8697877/Budget-2020:-Experts-dive-into-IT-reforms,-startup-ESOP-tax-payment-plan,-others?ref=audio_experience

A business can turn its employees into leaders by using the following ten strategies.

When hiring potential employees, make sure that they possess the skills that you need both now and in the future.

And, “networking can help turn good employees into great leaders by raising their reputation within the industry,” adds Lavoie.

As a mentor — you’ll help mentees set and achieve short-and-long-term goals.

Examples would be prioritizing goals, eating the frog, the 80/20 rule, block scheduling, and saying “no.”10 Strategies for Turning Your Employees into Leaders was originally published on Calendar by John Rampton. | To read full story, visit https://startuparound.com/read/1580634011.9874744/10-Strategies-for-Turning-Your-Employees-into-Leaders?ref=audio_experience

The Union Budget 2020 comes in the midst of a slowing economy and rising unemployment.

Even in India, it was only in 1997 that DDT was made a part of income tax laws.

In non-PAN/ Aadhaar cases the rate shall be one per cent.

It will make return filing simple with features like SMS based filing for nil return, return pre-filling, improved input tax credit flow and overall simplification.

GST rate structure is also being deliberated so as to address issues like inverted duty structure. | To read full story, visit https://startuparound.com/read/1580632206.865097/Union-Budget-2020:-Impact-On-MSME’s-And-Startups?ref=audio_experience

When Ginni Rometty steps down as CEO at IBM in April and her replacement Arvind Krishna takes the helm, more than eight years will have passed since she took the reins at Big Blue.

The executive helped lead a massive transformation, but IBM has had a bumpy financial ride throughout her tenure — at one time recording an astonishing 22 straight quarters of declining revenue.

To be fair, Rometty took over at a tumultuous time when technology was shifting from on-prem software stacks to the cloud.

Leading the wayRometty was the first woman to lead IBM in an industry where female CEOs are scarce.

Along with Safra Catz at Oracle and Lisa Su of Advanced Micro Devices, Rometty has been part of a small group of female CEOs at large technology companies. | To read full story, visit https://startuparound.com/read/1580630729.3364096/Ginni-Rometty-leaves-complex-legacy-as-she-steps-away-as-IBM-CEO-–-TechCrunch?ref=audio_experience

Mathrani has been chief executive of Brookfield’s retail division since August 2018, according to his LinkedIn page.

The company is expected to officially announce the appointment Saturday.The appointment of an experienced real estate executive is a clear indication that WeWork is moving on from Neumann’s strategy of building a sprawling company with lofty aims that included transforming how people work and live together.

“There will be some of that that’s starting soon.”Commercial real estate executives also said that Mathrani’s experience in retail could prove particularly valuable.

This type of real estate business has grown quickly because it allows customers to rent for shorter periods than would be available under traditional leases.

It also announced that it had sold Teem, a company that builds software for sharing office space, to iOFFICE . | To read full story, visit https://startuparound.com/read/1580628606.1816156/WeWork-is-said-to-choose-a-top-real-estate-executive-as-its-next-chief?ref=audio_experience

There are also live performances by Maya Krishna Rao (theatre), Jelili Atiku (multimedia art), and Raisa Kabir (interdisciplinary art).

He calls for more art appreciation in India, with interest from the public, government support, and more museums and public spaces for art.

“We are participating in IAF for the third time,” explains gallery director Karla Osorio Netto.

“It was established in 2011, and is a leading contemporary art gallery in the Lower East Side of New York,” explains Andrew Horton, Director of Operations.

“It is this element of discovery and re-discovery that has established Marc Straus as one of New York's leading contemporary art galleries,” Andrew says. | To read full story, visit https://startuparound.com/read/1580626806.0337436/Gateways-between-worlds-–-how-the-India-Art-Fair-promotes-creative-connections-and-art-markets?ref=audio_experience

Budget 2020, the longest in the history of India at 161 minutes, was based on three broad themes – aspirational India; economic development for all Sakba Saath, Sabka Vikas; and building a caring society.

Finance Minister Nirmala Sitharaman laid out a roadmap to revive the economy, counter the economic slowdown, and outlined a slew of measures aimed at fulfilling the aspirations of all Indians.

Budget 2020 also included relief on the tax burden on employee stock option plan (ESOP) tax payments for employees working with startups.

For more detailed updates, check out YourStory's full coverage of Union Budget 2020 here.

Boosting agriculture and allied activities has always been a key focus area in the Union Budget year after year. | To read full story, visit https://startuparound.com/read/1580625119.8374395/Inside-the-longest-Union-Budget-in-the-history-of-India?ref=audio_experience