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Budget 2017: Govt plans boost for startups after a disruptive 2016
Fp Staff •The government will have to take steps to help the startups tide over the hugely disruptive demonetisation
Most Startups, SMEs are still devoid of govt benefits; seek more clarity on tax front
Localcircles Staff •One of the key demand put forth by Startups/SMEs/Citizens is to extend these Startup India benefits to all Startups incorporated in the last 5 years
Startup bodies appeal for relaxations in tax policies
•The industry representatives believe that aggressive tax collection by the IT department will adversely impact India's flagship Start-up Action Plan, 'Make In India' initiative and its Ease of Business ranking.
Budget 2017: Startups may get additional tax benefits, says Nirmala Sitharaman
•Tax related (benefits) will have to come only through the budget, the Minister said, adding that suggestions with regard to exempting startups from MAT (minimum alternate tax) have also been forwarded.
Demonetisation: While fintech startups gain, some sectors will face temporary downfall, says report
Tech2 News Staff123 •Food tech sector, which has been on shaky grounds for sometime, is expected to be affected, at least in the short term