Tuesday, February 2, 2021

Budget 2021: What is Tax Holiday and how it will benefit startups in India?

The Modi government on Monday proposed extension of the eligibility for claiming tax holiday and capital gains exemption for investment in startups till March 31, 2022. Finance Minister Nirmala Sitharaman in her speech said that the extension in eligibility for claiming tax holiday will incentivize startups in the country.

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