Budget 2019: With focus on innovation, India's IT startups call for higher tax incentives
5 years, 6 months ago

Budget 2019: With focus on innovation, India's IT startups call for higher tax incentives

India Today  

At a time when there has been a slowdown in growth, India's information technology sector has requested the government to focus on boosting innovation in services. "Now is the time for the Indian IT industry to shift focus from services, people and process related approach to new innovative technologies like Machine Learning, AI and Cloud Computing," he said. "World's leading tech companies and start-ups are already focusing on innovative technologies and it's time for India to stop basking in the past glory and catch-up," he said. WittyFeed's Singhal also said that the "plight of dealing with angel tax" has been one of the key issues faced by the India startup ecosystem. "The finance minister in his interim budget speech laid emphasis on AI, creation of National Center for Artificial Intelligence and AI hubs to ensure inclusive growth in the IT industry," Gaur said.

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History of this topic

Budget 2025: Easier ITR filing and tax dispute reduction expected, says report
2 days, 1 hour ago

Budget 2025: Easier ITR filing and tax dispute reduction expected, says report

India Today  

The upcoming Union Budget 2025-26 is poised to introduce significant changes to India's tax landscape, aiming to simplify income tax filing and address longstanding tax disputes. According to a Bloomberg report, Finance Minister Nirmala Sitharaman is expected to unveil a comprehensive overhaul of the Income Tax Act, 1961, a move that has been in the works for several months. KEY …

Budget 2025: When was the last major income tax relief given?
Trending News
1 week, 3 days ago

Budget 2025: When was the last major income tax relief given?

India Today  

The Union Budget 2025 is scheduled to be presented on February 1, 2025 as expectations are high among salaried individuals for income tax relief. Economists have also called on the government to cut income tax rates and implement reforms to boost savings and economic growth in the Union Budget 2025, as per media reports. PREVIOUS MAJOR INCOME TAX RELIEF Ajinkya …

Budget 2024 Highlights: FM disappoints investors, rewards (some) taxpayers
5 months, 2 weeks ago

Budget 2024 Highlights: FM disappoints investors, rewards (some) taxpayers

Hindustan Times  

July 23, 2024 9:02 PM IST Budget 2024 LIVE Updates: Supriya Paul, CEO & Co- Founder, Josh Talks, said, “The Union Budget 2024-25 represents a significant stride towards Bharat's development. The allocation of ₹1.48 lakh crore towards education, employment, and skills development is a substantial investment. By enhancing the quality of education and training, we are equipping our youth with …

Indian pharma companies hope to get incentives for innovation: Union Budget 2024
6 months ago

Indian pharma companies hope to get incentives for innovation: Union Budget 2024

Hindustan Times  

Indian pharmaceutical companies hope to get financial assistance and tax incentives for the research and development of drugs, with the new government ready to present the 2024 Union Budget on July 23rd, according to a Reuters report. India's pharmaceutical companies hope to get financial assistance and tax incentives for the research and development of drugs in the new 2024 union …

India Doubles Down on Chip Dreams with Rs 6,903 Crore Record Boost for Semiconductors
11 months ago

India Doubles Down on Chip Dreams with Rs 6,903 Crore Record Boost for Semiconductors

News 18  

The Union government has once again showcased its commitment by allocating a staggering Rs 6,903 crore in the Interim Budget for 2024-25. This significant boost follows the allocation of Rs 3,000 crore in the previous year, affirming the government’s determination to foster the semiconductor and electronics manufacturing sector. Ashok Chandak, president of the India Electronics & Semiconductor Association, lauded the …

Spur research and innovation-led economic growth
11 months, 1 week ago

Spur research and innovation-led economic growth

New Indian Express  

To realise the potential of the NRF, I look forward to the finance minister decoupling it from private sector investments, especially when it comes to boosting spending in academic research. It should consider offering 200 percent weighted tax deductions on all R&D expenses, including capital expenditures by both in-house and outsourced R&D setups. Recalibrate patent box regime The scope of …

Union Budget: Consumer electronics sector seeks fiscal incentives for R&D
11 months, 2 weeks ago

Union Budget: Consumer electronics sector seeks fiscal incentives for R&D

Firstpost  

The consumer electronics market in India is anticipated to witness a robust growth of 6.06 per cent from 2024 to 2028, culminating in a substantial market volume of $92.4 billion in 2028, according to Statista. Role of fiscal incentives Targeted fiscal incentives can play a crucial role in addressing these challenges and catalyzing R&D in India’s consumer electronics sector. Proposed …

Budget 2024: What startup entrepreneurs expect from FM Sitharaman's interim Budget
1 year ago

Budget 2024: What startup entrepreneurs expect from FM Sitharaman's interim Budget

Live Mint  

Budget 2024: India has emerged as the third largest ecosystem for startups globally with over 116,679 recognized ventures across the country. {{^adFree}} {{/adFree}} India has emerged as the third largest ecosystem for startups globally with more than 1,16,679 DPIIT-recognized ventures across the country, according to data available on the Startup India portal. “This will be the first budget after the …

Satish Reddy | The tech-driven, growth-centric Budget offers a futuristic vision
1 year, 10 months ago

Satish Reddy | The tech-driven, growth-centric Budget offers a futuristic vision

Deccan Chronicle  

The technology-driven Rs 45 trillion spending Budget 2023-24 includes a futuristic “Amrit Kaal” for women, youth, members of the marginalised communities, productivity improvements, energy transition, climate action, investment finance, and major public sector investments in infrastructure led by the Prime Minister’s Gati Shakti. CII has established Intellectual Property Rights facilitation centres in different parts of the country to help SMEs …

Budget 2023: Towards a Prosperous and Digitally Empowered India - News18
1 year, 11 months ago

Budget 2023: Towards a Prosperous and Digitally Empowered India - News18

News 18  

At the onset of the Union Budget 2023 speech, Finance Minister Nirmala Sitharaman mentioned that India remains one of the world’s fastest-growing economies, despite global headwinds. One aspect that particularly came across in the budget announcements was the government’s commitment to building a tech and knowledge-focused economy, which will be a key driver in India’s growth story in the years …

Budget 2023 | Government extends support measures for start-ups
1 year, 11 months ago

Budget 2023 | Government extends support measures for start-ups

The Hindu  

Asserting the importance of entrepreneurship for the economic development of the country, Finance Minister Nirmala Sitharaman on Wednesday proposed to extend the period of incorporation for income tax benefits to eligible start-ups by one more year till March 31, 2024. India is now the third-largest ecosystem for start-ups globally and ranks second in innovation and quality among middle-income countries,” Ms. …

Citizens\' expectations of the budget
1 year, 11 months ago

Citizens\' expectations of the budget

Deccan Chronicle  

With Union finance minister Nirmala Sitharaman all set to present the Budget on Wednesday, experts speak of their expectations. With India preparing to increase its spending towards the public health expenditure sector to 2.5 per cent of GDP by 2025, this sector can see a record increase. Nabhan Mahmood, real estate businessman Our recommendations to the ministry of finance include …

Budget 2023-24 Expectation: Simplify regulations, availability of funding for small business owners
1 year, 11 months ago

Budget 2023-24 Expectation: Simplify regulations, availability of funding for small business owners

Firstpost  

The Indian startup ecosystem has progressively matured in recent years owing to an overwhelming number of angels, venture capital funds, incubators, and accelerators, as well as government interventions such as Digital India and Startup India, which have accelerated the startup and investment activity across cities and new market segments. Here is what startups and investors expect from the union budget …

Union Budget 2023: Indirect tax reforms that India Inc expects from govt
1 year, 11 months ago

Union Budget 2023: Indirect tax reforms that India Inc expects from govt

India Today  

Riding high on the vigour encapsulated through propelling economic recovery, steadily fortifying the banking and financial system, the Narendra Modi-led government is all groomed to unveil its last full-fledged budget ahead of the general elections set to kick off in early 2024. Amidst a sharp rise in legal proceedings and litigations, it is expected that the government may announce the …

Budget 2023 Expectations: Foster tie-ups between government and stakeholders to support startups
1 year, 11 months ago

Budget 2023 Expectations: Foster tie-ups between government and stakeholders to support startups

Firstpost  

The Indian startup ecosystem has been witnessing an unprecedented boom in the last few years with new businesses emerging in a multitude of sectors. As a result, this year’s Union Budget 2023 is being closely watched by many startups, as they seek measures to support them in overcoming these difficult times. To ensure effective regulation of the rapidly developing startup …

Budget 2023 Expectations: Startups seek efforts to foster innovation and digitisation
1 year, 11 months ago

Budget 2023 Expectations: Startups seek efforts to foster innovation and digitisation

Firstpost  

The year gone by would be remembered as a marquee year for the technology space, especially smart wearables, from an innovation and adoption standpoint in India. Attention to diversifying the vast pool of Indian talent will also help create new cutting-edge differentiation in the startup sector, enabling India to take center stage in the global ecosystem. Creating an ecosystem for …

US venture capitalists hope Budget 2023 supports growth, startup ecosystem
1 year, 11 months ago

US venture capitalists hope Budget 2023 supports growth, startup ecosystem

Business Standard  

US venture capital firms investing in India are expecting the Union Budget 2023 to support the growth and development of the startup ecosystem in the country, according to a top investor. As a US-based venture capital firm investing in India, we are keenly interested in policies and initiatives that will support the growth and development of the startup ecosystem in …

Budget 2023 Expectations LIVE Updates: FM Expected to Announce Tax Benefits for Salaried, Middle Class
1 year, 11 months ago

Budget 2023 Expectations LIVE Updates: FM Expected to Announce Tax Benefits for Salaried, Middle Class

News 18  

Budget 2023 Expectations: 'Healthcare Budget For Moving Towards Value-Based Care Model' Apurva Sule, Chief Business Officer, Heaps Health, said, “The National Health Authority, in its most recent announcement, plans to introduce a new system wherein the performance of the hospitals empaneled with the central flagship scheme Ayushman Bharat Pradhan Mantri Jan Arogya Yojana will be graded on value-based health care …

Budget 2023: From Tax Relaxation And Funding To Boost Digital Ecosystem. Know Start-Up Wishlist
1 year, 11 months ago

Budget 2023: From Tax Relaxation And Funding To Boost Digital Ecosystem. Know Start-Up Wishlist

ABP News  

India is home to the world’s third-largest start-up ecosystem after the US and China. "We are expecting additional tax benefits and lower tax rates and extending the scope of employee stock ownership plan taxation reforms to start-ups," said Lalit Arora, co-founder, VingaJoy, a firm that deals with consumer electronics. Shilpa Bhatia, founder, The Clothing Rental, an e-commerce portal said, “The …

Budget Expectations 2023: Top-5 Income Tax Rule Changes Likely To Be Announced By FM
1 year, 11 months ago

Budget Expectations 2023: Top-5 Income Tax Rule Changes Likely To Be Announced By FM

News 18  

Budget 2023 Expectations: Fintech Players Aim To Play A Pivotal Role In Rural India Deepak Aggarwal, Co-Founder and Co-CEO, Moneyboxx, said, “With 65% of population residing in rural India and largely dependent on agriculture and allied sectors, fast and sustainable growth in the sector has long-lasting implications for inclusive growth. Doing the above will not only increase customer adoption and …

Budget 2023: What Fintech companies expect from Modi govt
1 year, 11 months ago

Budget 2023: What Fintech companies expect from Modi govt

India TV News  

Budget 2023: The Fintech sector has been a frontrunner for the growth of the India's financial industry. The sector is rightfully portrayed as a vital constituent for supporting Indian government’s efforts for financial inclusion and digital India, and a bridge to reach the $5 trillion economy target by 2025. With the upcoming Union Budget 2023-24, the timing has been ideal …

From Tax Exemption To Rural Push, Here Are Key Expectations From Budget 2023
1 year, 11 months ago

From Tax Exemption To Rural Push, Here Are Key Expectations From Budget 2023

News 18  

The Budget 2023 is set to be tabled in Parliament by Finance Minister Nirmala Sitharaman on February 1. Here are five major expectations from the Union Budget 2023-24: Tax Exemption Limit There is an expectation that the government might give a relief to individual tax payers by raising tax exemption or rebate limit. If the salary goes above Rs 5 …

Union Budget 2023: Indian Edtech sector wants tax breaks, more funding for research
1 year, 11 months ago

Union Budget 2023: Indian Edtech sector wants tax breaks, more funding for research

India TV News  

Budget 2023: In the upcoming Union Budget 2023, the Indian edtech sector is demanding tax exemptions and increased allocation for research and development. By providing tax exemptions for e-learning products and services, the government can encourage the growth of the edtech sector and make online education more accessible to students. Why is the Indian edtech sector demanding tax exemptions in …

How Budget 2023 can help Indian Startups: Top 5 expectations
1 year, 11 months ago

How Budget 2023 can help Indian Startups: Top 5 expectations

India TV News  

Budget 2023 Expectations: India is emerging as one of the strongest business environments in the world, and our entrepreneurial spirit is one of our greatest strengths. Among the few expectations and viewpoint that industry professionals put forth from the budget include: As per Ridhima Kansal, Director, Rosemoore, “The Indian start-up ecosystem is no more just a peripheral entity but is …

Union Budget 2023: Govt likely to raise income tax exemption limit from Rs 2.5 lakh to 5 lakh
2 years ago

Union Budget 2023: Govt likely to raise income tax exemption limit from Rs 2.5 lakh to 5 lakh

India TV News  

Union Budget 2023: In the upcoming budget for 2023–24, the Union government is allegedly expected to increase the income tax exemption limit from the current Rs 2.5 lakh to Rs 5 lakh. The finance minister had also raised capital expenditure by 35.4% for the financial year 2022-23 to Rs 7.5 lakh crore to boost demand, while the capex last year …

Budget 2023: Industry Pins Hopes On Increased Govt Funding And Support For Online Initiatives
2 years ago

Budget 2023: Industry Pins Hopes On Increased Govt Funding And Support For Online Initiatives

ABP News  

Union Finance Minister Nirmala Sitharaman is expected to present the Union Budget 2022-23 on February 1, 2022. Hence, a natural expectation for most of India's population from Budget 2023 is to see a range of positive income tax changes to support households who have been hit by rising costs. There is palpable anticipation around the upcoming Budget 2023, which must …

Budget 2022: Tax holiday of five years for startups remains unanswered in Nirmala Sitharaman’s announcements
2 years, 11 months ago

Budget 2022: Tax holiday of five years for startups remains unanswered in Nirmala Sitharaman’s announcements

Firstpost  

Union Budget 2022-23: The finance minister may not have relieved us of greater tax burdens, but some respite was given to business, startups Startups have emerged as a growth driver for the economy. Tax incentives for startups increased from three years to four years of incorporation, in view of the pandemic, the finance minister announced in Union Budget 2022. In …

Budget 2022: 8 key tax-related expectations
2 years, 11 months ago

Budget 2022: 8 key tax-related expectations

India Today  

Finance Minister Nirmala Sitharaman is set to present her fourth Union Budget on Tuesday at a time when India’s economic recovery faces fresh challenges. Here are top expectations of taxpayers and corporates: DIRECT TAXES In the Union Budget 2022, 80C deduction available up to Rs 1.5 lakh a year should be revised upwards significantly. INDIRECT TAXES Rationalisation of Customs duty …

Budget 2022 | India Inc. seek Budget sops from govt. for creating jobs
2 years, 11 months ago

Budget 2022 | India Inc. seek Budget sops from govt. for creating jobs

The Hindu  

Ahead of the Union Budget 2022-23, Indian industry has urged the government to offer incentives for creating jobs, including special sops under the Production Linked Incentive schemes already announced. The plea assumes significance amid growing concerns about high unemployment levels in the country, even as a FICCI survey of manufacturing firms showed that 75% of firms don’t plan to hire …

Union Budget 2022: Fintech Industry Eyes Greater Credit Access To MSMEs
2 years, 11 months ago

Union Budget 2022: Fintech Industry Eyes Greater Credit Access To MSMEs

ABP News  

New Delhi: As Finance Minister Nirmala Sitharaman will be presenting the Union Budget 2022 on February 1, the Indian fintech industry is eyeing more opportunities and allocations, while simultaneously vying to soften the blows from the Covid-19 pandemic. Here are some of the expectations of the fintech industry from the Union Budget: Dilip Modi, founder, Spice Money The fintech industry …

Budget 2022: GST Cut, Incentives Likely for Startups and MSMEs? What Analysts Say
2 years, 11 months ago

Budget 2022: GST Cut, Incentives Likely for Startups and MSMEs? What Analysts Say

News 18  

Budget 2022 Expectations: Prime Minister Narendra Modi had earlier this month dedicated a special day for startups, to celebrate them and their success in taking India to new global heights. “In an effort to continue the economic growth of the country, we hope the Government will lower the interest rates and make higher capital availability to MSMEs as they are …

Budget 2022: 75% Positive About Economic Growth, 90% For Atmanirbhar Bharat, Finds Deloitte Survey
2 years, 11 months ago

Budget 2022: 75% Positive About Economic Growth, 90% For Atmanirbhar Bharat, Finds Deloitte Survey

News 18  

Despite the third Covid wave, more than 75 per cent business leaders are positive about India’s economic growth and expansion ahead of the Union Budget 2022-23, according to the survey by Deloitte Touche Tohmatsu India LLP. Compared to 58 per cent last year, about 91 per cent respondents believe the ‘Atmanirbhar Bharat’ initiative, coupled with monetary policy actions by Reserve …

Union Budget 2022-23: Here's what fintech sector wants govt to focus on
2 years, 11 months ago

Union Budget 2022-23: Here's what fintech sector wants govt to focus on

India Today  

New-age fintech firms have seen tremendous growth in India over the past couple of years despite the Covid-19 pandemic, but there are some challenges that sector wants the government to address in the upcoming Union Budget 2022-23. KEY EXPECTATIONS S Anand, CEO and co-founder of PaySprint, said, “The Union Budget 2022-23 must strengthen digital infrastructure which would eventually help digitizing …

Budget: Changes in indirect tax regime
3 years, 10 months ago

Budget: Changes in indirect tax regime

Live Mint  

Union Budget 2021 became India’s first digital budget as finance minister Nirmala Sitharaman switched the old bahikhata for a ‘Made in India’ tablet. Other key GST changes proposed under the budget include: — Interest on delayed payment of taxes to be paid on net basis — Zero-rated supplies made to Special Economic Zone restricted to supplies made for authorized operations …

Union Budget 2021: Reintroduce single tax slab structure, raise minimum taxable income to Rs 7.5 lakh
3 years, 11 months ago

Union Budget 2021: Reintroduce single tax slab structure, raise minimum taxable income to Rs 7.5 lakh

Firstpost  

The pandemic and the subsequent Work From Home policy has led to some employers offering allowances and reimbursement to employees. Harsh Bhuta, Partner, Bhuta Shah and Co LLP The finance minister should consider the reintroduction of single tax slab structure and increase the minimum taxable income threshold from Rs 5 lakhs to 7.5 lakhs. Australia has come out with following …

Budget 2021: MSME sector wants better access to credit, lenient taxation policies
3 years, 11 months ago

Budget 2021: MSME sector wants better access to credit, lenient taxation policies

India TV News  

The Union Budget 2021-22 is just a few days away from now and expectations are riding high from all sectors. They said that the Union Budget should provide some long-term benefits to the sector with better access to credit and lenient taxation policies. "To cope up with this, budget 2021 should focus on enabling the development of MSMEs by providing …

Union Budget 2021: Focus must be on creating demand, encouraging infrastructure spending, says India Inc survey
3 years, 11 months ago

Union Budget 2021: Focus must be on creating demand, encouraging infrastructure spending, says India Inc survey

Firstpost  

New Delhi: The upcoming Budget must focus on creating demand, encouraging infrastructure spending and increasing outlays for the social sector, India Inc said in a survey released on Wednesday. “The upcoming Budget must therefore focus on creating demand, encouraging infrastructure spends and increasing outlays for the social sector. According to the survey results, nearly 40 percent of the participants feel …

Budget 2021: Corporate India’s wish list
3 years, 11 months ago

Budget 2021: Corporate India’s wish list

Live Mint  

The adverse economic impact of the coronavirus pandemic has been felt by everyone, be it MNCs, big domestic companies or micro, small and medium enterprises. While corporate taxpayers have a long wish list for this year’s budget, some of the key ones are: Status quo in corporate tax rates Corporate tax rates were reduced last year to make them globally …

No fireworks: The Hindu Editorial on Union Budget 2020-21
4 years, 11 months ago

No fireworks: The Hindu Editorial on Union Budget 2020-21

The Hindu  

Nirmala Sitharaman’s second Budget is not a spend-and-stimulate exercise despite the fact that it has overrun the 3.3% target on fiscal deficit by as much as 0.5 percentage point. The gross tax revenue growth projection of 11.99% also appears very optimistic especially because it has been built on the premise of a 11.54% rise in corporate tax collections. The spending …

IT Sector Hails 2020 Budget Focus On Digitization, Data Parks and AI
4 years, 11 months ago

IT Sector Hails 2020 Budget Focus On Digitization, Data Parks and AI

ABP News  

Commending Finance Minister Nirmala Seetharaman for presenting a pro-active Budget for ensuing fiscal 2020-21, the IT sector stakeholders on Saturday said focus on data and digital were the centre piece of the finance bill. "The Budget focus on IoT, data parks and AI will make India a strong contender among the top digital economies, globally," said White Rivers India co-founder …

Budget 2020: As India sees slowest economic growth in 11 years, here's what startups need to flourish
4 years, 11 months ago

Budget 2020: As India sees slowest economic growth in 11 years, here's what startups need to flourish

Firstpost  

In 2014, PM Modi launched Startup India and Funds of Fund for the newest sector of the economy but that is not enough. Last year, the government gave the startup community more clarity on angel tax but like in the first term, NDA 2.0, too, is not paying enough attention to startups. Soon after he took over as the prime …

Union Budget 2020: Key expectations from Modi govt after year of turbulence
5 years ago

Union Budget 2020: Key expectations from Modi govt after year of turbulence

India Today  

Finance Minister Nirmala Sitharaman will present the Union Budget 2020 on February 1, at a time when India's economy is going through one of the worst periods of slowdown in decades. That said, here are some expectations from the upcoming budget: Personal income tax cut A cut in personal income tax rates is one of the most popular demands floated …

Budget 2019 has delivered quick fixes; govt seems to have made attempt to address several policy gaps
5 years, 6 months ago

Budget 2019 has delivered quick fixes; govt seems to have made attempt to address several policy gaps

Firstpost  

On the back of a massive mandate, the first Budget of Narendra Modi government’s second term has several reasons to cheer about. What’s more encouraging is, these policy announcements were woven around certain themes central to the government’s policy agenda, e.g., mega spending programme for physical and social infrastructures; last mile foreign direct investment reforms, e.g., for aviation, insurance and …

Union Budget 2019-20: Who got what?
5 years, 6 months ago

Union Budget 2019-20: Who got what?

India TV News  

On Friday July 5, Nirmala Sitharaman became India's first full time female finance minister to table the budget in the Lok Sabha. Here is the sector-wise highlights of Union Budget 2019: RAILWAYS Railways has got a budgetary allocation of Rs 65,837 crore and the highest ever outlay for capital expenditure amounting to Rs 1.60 lakh crore from Union Finance Minister …

Opinion | A blueprint to fire up country’s slowing economy
5 years, 6 months ago

Opinion | A blueprint to fire up country’s slowing economy

Live Mint  

The maiden budget presented by the first full-time woman finance minister and economist Nirmala Sitharaman provides a blueprint to fire up the slowing economy and realise Prime Minister Narendra Modi’s vision of India becoming a $5 trillion economy by 2025. The budget seems to have placed heavy emphasis on sustainable job creation through targeted investment in specific infrastructure, such as …

Budget 2019 | For startups, the angel is in the details
5 years, 6 months ago

Budget 2019 | For startups, the angel is in the details

Live Mint  

Saket Modi faced a hard choice: Pitch for lucrative government contracts, or pass on the opportunity. “If the budget stipulated that every department has to use 2-3% of its allocation to send work to startups registered with the Department of Industrial Policy and Promotion, it could be game-changing,” said Modi, whose company is backed by Cisco chairman emeritus John Chambers …

Union Budget 2019-20: Startups want angel tax to be abolished, corporate tax to be reduced, make capital more accessible
5 years, 6 months ago

Union Budget 2019-20: Startups want angel tax to be abolished, corporate tax to be reduced, make capital more accessible

Firstpost  

In the Narendra Modi government 2.0’s first Union Budget, startups have a slew of expectations. Although last year’s Union Budget was a setback to India’s promising Hospitality and Tourism industry, this year we are expecting more attention on this sector, favorable policies, fund allotments for startups and better tax reforms. Gautam Raj Anand, Founder and CEO, Hubhopper, podcasting and AOD …

Budget 2019: Start-ups expect tax reforms from government for current fiscal year
5 years, 6 months ago

Budget 2019: Start-ups expect tax reforms from government for current fiscal year

India TV News  

Fintech firms and start-ups expect the government to usher in a new set of reforms in the upcoming full Budget for the current fiscal and hope for tax relief, funding access, and further push to digital economy. Gaurav Chopra, founder CEO of online aggregator of financial products IndiaLends, said the government should push forward new reforms as part of Digital …

Budget 2019: Key Measures FM Nirmala Sitharaman Should Consider To Boost Startup Ecosystem In India
5 years, 6 months ago

Budget 2019: Key Measures FM Nirmala Sitharaman Should Consider To Boost Startup Ecosystem In India

ABP News  

Budget 2019: Start-ups are disrupting traditional industries like never before and are poised to be one of the key pillars of growth for the economy. Few expectations in this regard are - An ‘exception based’ approach needs to be adopted for applicability of angel tax; Immunity to be granted from angel tax on past tax orders ; Current regulations impose …

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