[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]
Government of India Ministry of Finance (Department of Revenue) New Delhi, the 30th April, 2015 Notification No.23/2015 –
Central Excise G.S.R. (E).-
In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944) read with sub-section (3) of section 3 of the Additional Duties of Excise (Goods of Special Importance) Act, 1957 (58 of 1957), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby directs that each of the notifications of the Government of India in the Ministry of Finance (Department of Revenue), specified in column (2) of the Table hereto annexed shall be further amended, in the manner specified in the corresponding entry in column (3) of the said Table, namely :- Table S. No. Notification number and date Amendments (1) (2) (3) 1. 62/1995-Central Excise, dated the 16thMarch, 1995 [G.S.R. 254(E), dated the 16th March, 1995] In the said notification, in the TABLE, – (i) S.No. 1 and the entries relating thereto shall be omitted; (ii) S.No. 6 and the entries relating thereto shall be omitted. 2. 63/1995-Central Excise, dated the 16thMarch, 1995 [G.S.R.255(E), dated the 16th March, 1995] In the said notification, in the TABLE, –
(i) S.No. 2 and the entries relating thereto shall be omitted;
(ii) S.No.16 and the entries relating thereto shall be omitted. 2.
This notification shall come into force with effect from the 1st day of June, 2015.
[F.No. 334/5/2015-TRU] (Akshay Joshi) Under Secretary to the Government of India

US Ambassador to India Richard R Verma has visited Startup Village
Mr.Verma responded positively tothe request for facilitating young entrepreneurs’ visit to Silicon Valley in the US.
According to a release, the US Ambassador said he would examine the possibility of supporting a ‘Landing Pad’, which is being prepared in the Silicon Valley in the US.
The Landing Pad is a platform for start-ups from India to get a first-hand knowledge of the Silicon Valley culture.
More on http://www.business-standard.com/article/news-ians/us-ambassador-visits-startup-village-offers-support-115041800441_1.html

IndiaFilings mobile app is designed to help Entrepreneurs easily start, manage and grow their business. Using the IndiaFilings mobile app, Entrepreneurs can obtain the information required for starting a new business, get alerts on regulatory dues and connect with financial & legal experts, when required.
More http://www.indiafilings.com/learn/indiafilings-mobile-app/
 

 
The union government is planning to exempt startups from service tax  and excise duties until their revenues have reached a certain threshold.
According to the Econoimc Times, a group of ministers chaired by Jayant Sinha, minister of state for finance, is planning considering creating  a one-stop registration service for all startups. This service is also expected to make the  startups eligible for government grants.
Startups which register under the department of science and technology and are certified as ‘bonafide’ will then be eligible for tax exemptions until their revenues reach a certain threshold, according to the Economic Times. They will also qualify to receive grants of up to .`10 crore from the DST.
More http://techstory.in/indian-startups-876545/

Great  opportunity  to fuel your business growth.
Startup summit 2015 will be held on April 4-5 2015 at The Lalit Great Eastern Kolkata. 
The conference brings together the speakers that are the best breed of entrepreneurs, innovators, venture capitalists, business model creators, consultants, policy-makers, academicians, support groups, business coaches and business practitioners to present and discuss innovation and success
The summit examines various aspects of starting business and its growth strategies.Highly successful entrepreneurs,business and industry experts spare their time and knowledge to mentor small business owners and early entrepreneurs.
More  
http://www.franchiseindia.net/startup-summit/

The Mayor of the influential US city of Menlo Park said up to 100 technology startups from Kerala could be given a chance to travel to the Silicon Valley to learn about the nuances of building a billion dollar tech company.
Catherine Carlton, who is leading a three-member delegation on a six-day visit to Kerala, toured the Startup Village incubator and interacted with the officials and young entrepreneurs here.
“We are extremely impressed by the talent of the youngsters here as well as by the kind of support that the government is extending. We will be very pleased to welcome selected startups, possibly 100 companies this year, to Silicon Valley and provide them an opportunity to expand and grow their business there”, Ms Carlton said. “We can also extend support in identifying potential markets in the US.”
Source Startup Buzz

Kochi-based Startup Village has received a record 527 applications in March from young entrepreneurs keen to set up technology businesses.
In February, 286 would-be entrepreneurs expressed interest in signing up with the incubation programme at Startup Village while it  doubled  the number of applications over one month
The success stories of companies nurtured by incubators such as Startup Village and Technopark TBI have played a key role in driving the entrepreneurship movement in Kerala. And the state government has actively promoted it, particularly through policy frameworks and infrastructure support.
A task force formed by the State Planning Board Vice Chairman Mr K M Chandrasekhar has now entrusted KSIDC Managing Director Ms. Aruna Sundararajan IAS, CII Kerala Chairman and Federal Bank CEO Mr Shyam Srinivasan and Startup Village Chairman Mr Sanjay Vijayakumar to come up with a roadmap to create a world-class startup ecosystem in Kerala. They are expected to submit their report by April 30.
 

The proposals in the State Budget to support young entrepreneurs will redefine Kerala’s entrepreneurial culture and investment climate. The state government’s proposals to set aside Rs 25 crore for the Comprehensive Mission on Employment Generation Activities (MEGA) and the Rs 12 crore allocation to provide financial support to 1,000 startups for two years will result in an entrepreneurship boom in the state.
The total outlay for entrepreneurship development is now around Rs 200 crore, up from Rs 43 crore last year.Rs 10 crore set aside as Infrastructure Gap will invite more private sector investment into this area”.
See more at: http://www.startatsv.com/startup-village-welcomes-kerala-budget-2015/#sthash.eAo6Q6Bh.dpuf

CapAleph Indian Millennium SME Fund is a  domestic private equity fund targeting investments into  food and agriculture businesses and other relevant businesses in India.It is partnered with Meeran Family Trust, of Eastern Condiments.

The trust will also collaborate with CapAleph to set up a dedicated accelerator to incubate and support early stage entrepreneurship in selected entrepreneurial ventures in food and agriculture