Entrepreneur News Network

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