Kashipur: Indian Institute of Management, Kashipur hosted the sixth edition of Annual Entrepreneurship Summit – Uttishtha, the flagship event from 21st to 23rd January 2022. This year's Uttishtha hosted all the events virtually owing to the current p
Kashipur: India aspires to become the world’s largest startup center in terms of the number of startups and the Indian government is going to great lengths to get all of the powers of ‘entrepreneurship’ together. To encourage the same, IIM Kashipur after the success of Uttishtha’19 which saw 70+ startups, 8000+ Footfall,10+ Investors and was graced by the presence of Honorable CM of Uttarakhand Trivendra Singh Rawat is back again with its ‘Startup event’ Uttishtha- The annual Entrepreneurship Summit. It serves as the platform for providing one-stop solutions for all startup-related activities. It aspires to provide the nascent and budding startups and bright minds salvation through startup meets, investor meets, and personalized discussions. Like the warmth of the first ray of sunlight in the spring, this year’s Uttishtha promises to all your COVID blues and gets you all excited for the erudite and fun events, discussions we have in store for you!
Reliance buys two-thirds of own gas from recently auctioned KG-D6
Mukesh Ambani, chairman and managing director, Reliance Industries
(Mint)Premium
. Updated: 07 Feb 2021, 12:19 PM IST PTI
Billionaire Mukesh Ambani s Reliance Industries has picked up two-thirds of its own new gas from KG-D6 block that was auctioned under new rules with state-owned GAIL and Royal Dutch Shell getting smaller volumes
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Billionaire Mukesh Ambani s Reliance Industries has picked up two-thirds of its own new gas from KG-D6 block that was auctioned under new rules with state-owned GAIL and Royal Dutch Shell getting smaller volumes, sources said.
Reliance and its partner UK s BP Plc on Friday auctioned 7.5 million standard cubic metres per day of incremental gas from the R-series gas field in the KG-D6 block, benchmarking it to a gas marker for the very first time in the country.
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Budget 2021: What is Tax Holiday and how it will benefit startups in India?
The Modi government on Monday proposed extension of the eligibility for claiming tax holiday and capital gains exemption for investment in startups till March 31, 2022. Finance Minister Nirmala Sitharaman in her speech said that the extension in eligibility for claiming tax holiday will incentivize startups in the country.
What is Tax Holiday?
A tax holiday is an incentive program run by the government. It helps to stimulate foreign investment by reducing taxes on businesses. The objective is to encourage economic activity and foster growth.
The government s decision to extend the eligibility for claiming tax holiday will increase long-term tax revenue because they help businesses grow operations. A tax holiday is often temporary and revised by the government from time to time.