startups.
ALSO READ
The finance minister proposed to extend the eligibility of tax holiday for startups by one more year. “In order to
incentivise startups in the country, I propose to extend the eligibility for claiming tax holiday for startups by one more year - till March 31, 2022. Further, in order to incentivise funding of the startups, I propose to extend the capital gains exemption for investment in startups by one more year - till March 31, 2022," she said.
Lauding the the move, fintech startup, Junio's Co-founder, Ankit Gera, said, “The extension of tax holidays for start-ups and capital gains will also