“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.
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.
The announcement is in view of the government s aim to have 100 percent electric vehicles for public mobility and 40 percent for personal mobility by 2030. The Union Budget for 2024 has not brought much cheer for startups, particularly early stage, as government cuts budget for major flagship schemes under Startup India initiative.
US based digital news startup has shut down in less than a year after its high-profile launch, and the staff learned about this development via a news article published by The New York Times. Several employees of the media outlet posted on social media that they got laid off and the company is closing down via The New York Times article.
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Definition of startup for tax sop to be amended – The Economic Times Read More »
Homegrown dairy tech startup Stellapps is in advanced talks to raise approximately $20 million in its Series C fundraising round, the media reported. According to Inc42, about 70 per cent of the funding will be raised from existing investors, such as Celesta Capital, Omnivore, Gates Foundation, IDH Farmfit Fund, Blume Ventures, and Qualcomm Ventures.
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