Startup sector Budget 2020
In 2014, Union Finance Minister Arun Jaitley paid special attention to India's burgeoning startup space. In his Budget speech, he announced the setting up of a Rs 10,000 crore fund to boost capital flow to startups and small and medium enterprises (SMEs) in the country. Apart from setting aside funds for startups, the minister earmarked special sums for innovators and entrepreneurs from backward classes. In Budget 2019-20, startups are hoping that the government will continue to drive the growth agenda for new businesses, taking further steps to ease the regulatory burden and make capital more accessible to them. Startups want the government to accelerate the momentum on tech innovation, and focus on training and skilling initiatives for entrepreneurs-all of which will cement India's position as a hotbed for startups.
Showing of 0 - 10 from 9 results
Startup Sector - Total results - 9
Feb 03, 2021
Union Budget 2021: From extending Income Tax holiday to dispute resolution panel, FM showers sops on startupsFor benefitting startups, the government has proposed changes in companies law provisions
Jan 28, 2021
Union Budget 2021: Bold policy interventions needed to fast-track digitisation in post-COVID worldDigital India needs a broader focus with the pandemic leaving organisations with no choice but to go digital
Jan 27, 2021
Union Budget 2021: Favour extension of pandemic support measures, thrust on infra investment, says IMFIMF’s chief economist Gita Gopinath said more public infrastructure spending is needed and that the Government of India has expressed its intention to do so
Jun 20, 2020
COVID-19 aftermath: Funding divide among Indian startups makes survival difficult; while some bag millions, others struggleFunding in Indian tech-led startups rose by 14 percent in the first quarter of 2020 as compared to the same period last year, yet only 16 percent startups and SMEs have cash to survive for more than three months, revealed a recent survey
May 14, 2020
Nirmala Sitharaman's economic stimulus package does not have something for everyone; need to address concerns of startups, retail'For every section of our society there is something in the AatmaNirbharBharat,' said Finance Minister Nirmala Sitharaman, while making announcements of the Rs 20 lakh crore package on Wednesday.
Jan 27, 2020
Budget 2020: Startup sector needs relevant reforms, right support and opportunities to play crucial role in India's growthTo reduce startup 'infant mortality' and encourage angel investments, risk-taking, creation of jobs, it is hoped the government will allow for tax exemption for amounts invested in accredited startups.
Jan 21, 2020
Budget 2020: From simplification of tax-related compliances to easing credit facilities, startups hope for a 'power' package from Nirmala SitharamanThe government is expected to provide tax incentives to startups in the forthcoming Budget to support the growth of budding entrepreneurs
Dec 30, 2019
Govt likely to provide tax incentives for startups in forthcoming Budget to support budding entrepreneursThe Department for Promotion of Industry and Internal Trade has suggested several measures to the finance ministry for startups in the Budget.
Oct 25, 2018
Real estate company Ajmera Group to invest $10 mn in tech startups in next 3 yearsThe Ajmera Group has picked up stakes in three startups so far and plans to invest in 7 more by end June 2019