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TAX HOLIDAYS FOR STARTUPS
PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...- Lok Sabha approves Finance Bill, tax rules easedThe Lok Sabha approved the Finance Bill, introducing enhanced tax authority powers and changes to share buyback taxation, capping the surch...
- Definition of startup for tax sop to be amendedThe government has proposed to amend the definition of “eligible startup” under the Startup India scheme to get a tax holiday, to one that ...
- Budget 2024: Tax holiday for startups, sovereign funds extended by 1 yearThe tax holiday scheme for startups, announced for the first time in the Union Budget 2017, offers 100% tax rebate to eligible startups on ...
- Budget 2023: extended tax holiday will apply to less than 1% Indian startups, say expertsIn the Union Budget for 2023-24, finance minister Nirmala Sitharaman said that date of incorporation for startups to avail the tax benefits...
- Budget gives startups a long rope, extends tax holiday, exemptions limitsAs of the last week of December, there were 41,061 govt-recognised startups in India. Of this, over 39,000 startups account for 4,70,000 jo...
- Many to miss out on ESOP reliefESOPs only apply to about 200 startups recognised by the inter-ministerial board.
- Small startups may not get promised tax holidayStartups exceeding the turnover threshold of Rs 25 crore stand to lose out on the tax holiday.
- Small startups with turnover up to Rs 25 cr to get promised tax holiday: CBDTThe turnover limit for small startups claiming deduction is to be determined by the provisions of Section 80-IAC of the I-T Act and not fro...
- Budget 2019: To sustain momentum, Startups would want much more ground to be coveredOne major issue being faced by startups is arising on account of ‘angel tax’.
- Government's credit guarantee scheme to give startups a loan lifeline of up to Rs 5 croreThe government is looking at ways to increase availability of finance to startups. The credit guarantee scheme would help the flow of “vent...
- Uber India discusses startup ecosystem with Commerce MinisterIn the meeting, the cab aggregator expresses its intention to contribute in the development of startup ecosystem.
- Government to involve states to push startups, discussions on July 23Representatives of five states including Kerala, Telangana, Gujarat and Rajasthan will give presentations on their respective startup polic...
- DIPP asks states, UTs to set up Startup Hubs, incubators for entrepreneursDIPP has already set up the hub, which was operationalised since April. It helps in resolving queries and provides handholding support to s...
- DIPP to organise startup festival in Hyderabad in SeptemberThe Department of Industrial Policy and Promotion (DIPP) has requested Prime Minister Narendra Modi to inaugurate the programme, an officia...
- Startup: 571 entrepreneurs queue up for tax benefitsSeven have submitted all documents and are eligible for Startup India benefits and tax exemption and 106 have submitted all documents but a...
- Startup: Over 400 entrepreneurs queue up for tax benefitsIn January, PM Narendra Modi unveiled a slew of incentives to boost startups, offering them a tax holiday and inspector raj-free regime.
- Nirmala Sitharaman takes startups’ plea on tax exemption period to Finance MinistryStartups want the tax holiday to be extended to up to seven years because no company breaks even in three years.
- Budget 2016: Three year tax holiday for startups sends right signals, says KT Chandy of EYHowever, he feels that the introduction of the 6% 'equalization levy' on online advertisement expenditure paid overseas, could be a dampene...
- Startups want Budget 2016 to remove capital gains tax, extend tax holidayAs Budget 2016 is edging closer, the startups are hoping that at least some of their key demands and issues would be addressed.
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