Startup founders applaud Union Budget 2023 – Times of India

Startup founders applaud Union Budget 2023 – Times of India

In the Union Budget for 2023-24, finance minister Nirmala Sitharaman had good news for startups. She proposed to extend tax holiday offered to startups under the Startup India scheme. Among other big ticket announcements, FM said that the government will launch ‘Aatmanirbhar Clean Plant Programme’, Agriculture Accelerator Fund and more. Here’s what some prominent startup … Read more

Union Budget 2023: Voices from the startup industry – Times of India

Union Budget 2023: Voices from the startup industry – Times of India

Finance Minister Nirmala Sitharaman announced several measures to boost the satrtup industry in the country. In her budget speech, she proposed the extension of the date of incorporation for income tax benefits to start-ups from March 2024. “Entrepreneurship is vital for a country’s economic development. We have taken a number of measures for start-ups and … Read more

Mobile manufacturing in India: Here’s what the industry has to say on custom duty exemption on imports – Times of India

Mobile manufacturing in India: Here’s what the industry has to say on custom duty exemption on imports – Times of India

In a bid to further boost mobile phone production in India, finance minister Nirmala Sitharaman announced that the central government will exempt customs duty on imports of certain parts used in mobiles phones. In her Union Budget speech, Sitharaman said that mobile phone manufacturing in India has increased from 5.8 units in 2014-15 to 31 … Read more

What gaming companies want from Union budget 2023: Lower GST and regulation clarity – Times of India

What gaming companies want from Union budget 2023: Lower GST and regulation clarity – Times of India

India’s gaming sector had a mixed 2022. While there seems to be a prolonged funding winter; the government’s recognition to the e-sports industry as a legitimate sport has brought in cheer. In December last year, esports was integrated with mainline sports disciplines in India by the government. It was recognised as a part of a … Read more

Union Budget 2023: Government needs to make changes in tax structure for TVs of at least up to 40 inch – Times of India

Union Budget 2023: Government needs to make changes in tax structure for TVs of at least up to 40 inch – Times of India

Union Budget for the year is almost here. The Union Budget 2023-24 will be presented at a time when the global economy has come out of the shadows of Covid-19 but is faced with new challenges. Technology industry is hoping for a host of measures from Finance Minister Nirmala Sitharaman. Avneet Singh Marwah CEO SPPL … Read more