Entrepreneur News Network

India’s 5,000-GCC Target Needs Double the Current Pace

India GCC

Delhi wants India to support 5,000 Global Capability Centres by 2030. The ambition is enormous. The bigger question is whether the current pace of expansion is fast enough to get there. India’s Global Capability Centre (GCC) story has moved well beyond the old outsourcing narrative. These centres are increasingly becoming engineering, product, artificial intelligence, data … Read more

Should India Tax Severance Pay? Growing Layoffs Spark Debate Over Social Security and Employee Protection

Tax

When the Job Ends, Should the Taxman Still Come Knocking? A viral LinkedIn post about layoffs at Visa’s Bengaluru office has reopened a question India has avoided for years: why severance pay — money meant to keep a family afloat — is taxed like a bonus, while laid-off workers get almost nothing in return. The … Read more

India’s Economy Is Growing at 7.4%. Its Tax Take Is Shrinking. Here’s Why.

India's Economy

India’s real GDP is estimated to grow 7.4% in FY 2025-26, one of the fastest rates of any large economy — the IMF has its own forecast at 7.3%. Gross Goods and Services Tax collections in the same year came in at roughly ₹22 lakh crore, up 8.3% on the previous year. April 2026 set … Read more

Accel Raises $650 Million Early-Stage Fund to Back Disruptive Businesses in India

Accel

On January 6, 2025, venture capital firm Accel announced the successful closure of its eighth early-stage fund in India, raising an impressive $650 million (approximately Rs 5,500 crore). This new fund will be directed towards investing in innovative and category-defining businesses, with a focus on sectors such as Artificial Intelligence (AI), consumer products, fintech, and … Read more