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Govt may Provide Tax Incentives for Startups in Budget

The government is expected to provide tax incentives to start-ups in the forthcoming budget to support the growth of budding entrepreneurs, sources said. The Department for Promotion of Industry and Internal Trade (DPIIT) has suggested several measures to the finance ministry for start-ups in the budget. The recommendations include extension of tax incentives to incubators supported under Atal Innovation Mission; reduction in GST (Goods and Services Tax) rates on AIF (alternate investment fund) management fees; […]


This post first appeared on Tech, Startups & Entrepreneurship News India, please read the originial post: here

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Govt may Provide Tax Incentives for Startups in Budget

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