Budget 2021 For StartUps: Nirmala Sitharaman Extends Tax Holiday For Additional Year Till 2022

Team Latestly Feb 01, 2021 05:06 PM IST

In the Budget 2021 announcement by Union Finance Minister Nirmala Sitharaman has provided relief to startups in the form of a tax holiday for an additional year. Apart from this, the budget also expands the definition of small companies as well as allows for easy set-up of startups.

(The above story first appeared on LatestLY on Feb 01, 2021 05:06 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).

Tags

Budget 2021 For StartUps Finance Minister Income Tax Act IT Returns Senior citizens startups Tax Assessments tax burden tax payer Union Budget 2021

Follow us on News

You Might Also Like

India Now Has 1,57,066 Recognised Startups by DPIIT and Over 73,000 Startups With at Least 1 Women Director: Centre

Indian Startup Ecosystem Raises More Than INR 29,200 Crore From Stock Market in 2024, Sees Record 13 IPOs

GST Council Meeting Today: Nirmala Sitharaman Likely To Discuss Proposed Rate Cut on Health Insurance Premiums, Aviation Turbine Fuel Under GST

Chrystia Freeland Resignation: PM Justin Trudeau Appoints Dominic LeBlanc As Canada’s New Finance Minister

Categories