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“This is a great initiative,” said Infosys cofounder Kris Gopalakrishnan, who has been vocal about the need to triple India’s spending on research and development (R&D) to 3% of its GDP from 0.7% now. “Industry should take advantage of this. We need to see the process for availing these,” he added. The centre is expected to identify the qualifying sectors through a “stakeholder process”. (SAP Labs)

“This is a great initiative,” said Infosys cofounder Kris Gopalakrishnan, who has been vocal about the need to triple India’s spending on research and development (R&D) to 3% of its GDP from 0.7% now. “Industry should take advantage of this. We need to see the process for availing these,” he added. The centre is expected to identify the qualifying sectors through a “stakeholder process”. (SAP Labs)

“This is a great initiative,” said Infosys cofounder Kris Gopalakrishnan, who has been vocal about the need to triple India’s spending on research and development (R&D) to 3% of its GDP from 0.7% now. “Industry should take advantage of this. We need to see the process for availing these,” he added. The centre is expected to identify the qualifying sectors through a “stakeholder process”. (SAP Labs)

CEO and CoFounder of magicpin Anshoo Sharma lauded the move saying it would provide much needed continuity and inflows to the Indian startup ecosystem The interim Budget announcement related to the extension of tax benefits to startups by one more year till March 2025 underlines the government s commitment towards creating a conducive environment for startup development and sustainable investments, the industry said on Thursday, terming it a progressive and encouraging move.

The 1 trillion innovation fund announced by finance minister Nirmala Sitharaman in the interim budget on Thursday is expected to give a big boost to local technology development and manufacturing, and help India move beyond providing high tech services towards development of products, experts said.

“Uttishtha 2024,” the 7th edition of the biggest agri start-up expo, has concluded with great fanfare after two days of talent, innovation, and creativity organised by the Foundation for Innovation and Entrepreneurship Development [FIED] and E-Cell at IIM Kashipur. The event showcased a number of forward-thinking startups run by bright young people from all around the nation.

The government on Thursday proposed to extend the tax incentive for startups and investments made by sovereign wealth or pension funds for one more year till March 2025. Finance Minister Nirmala Sitharaman said that certain tax benefits to startups and investments made by sovereign wealth or pension funds as also tax exemption on certain income of some IFSC (International Financial Services Centre) units are expiring on March 31, 2024.

Finance Minister Nirmala Sitharaman Finance minister Nirmala Sitharaman on February 1 announced an extension of tax benefits to startups, some investments made by sovereign wealth funds, and exemption for businesses housed in the International Financial Services Centre in GIFT City for another year till March 31, 2025.

Startup CEO he or she will be 20something, max, 30something, given to wearing Ts and denims, hoodies when it gets nippy Whether in Bengaluru or San Francisco, that, by popular perception and investor preference, is your typical tech company boss

“Uttishtha 2024,” the 7th edition of the biggest agri start-up expo, has concluded with great fanfare after two days of talent, innovation, and creativity organised by the Foundation for Innovation and Entrepreneurship Development [FIED] and E-Cell at IIM Kashipur. The event showcased a number of forward-thinking startups run by bright young people from all around the nation.