FM Proposes To Extend Eligibility Period To Claim Tax Holiday For Start-ups By One More Year

The Finance Minister stated in her budget speech today that in order to incentivise setting-up of more start-ups in the country, it is proposed to extend the eligibility period to claim tax holiday for the start-ups by one more year to 31st March, 2022. In order to incentivise investment in start-up, it is proposed to extend the eligibility period of claiming capital gains exemption for investment made in the start-ups by one more year to 31st Match, 2022

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