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Union Budget 2022: Numerous measures for startups and small businesses


February 2, 2021
The last year had been a rude shock to everyone in the country, particularly for those who run small businesses and startups or work in the unorganised sector. As part of the Union Budget for 2021-22, Finance Minister Nirmala Sitharaman announced several measures to improve the business and operating environment for small companies and startups.
Sitharaman also announced that the government would bring gig economy workers under the proposed labour code. “For first time globally, social security benefits will be extended to gig and platform workers. Minimum wages will apply to categories of workers. And they will all be covered by state insurance corporations,” she said ....

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