{"id":39850,"date":"2022-02-04T14:44:54","date_gmt":"2022-02-04T09:14:54","guid":{"rendered":"https:\/\/corpbiz.io\/learning\/?page_id=39850"},"modified":"2022-02-04T14:44:56","modified_gmt":"2022-02-04T09:14:56","slug":"benefits-for-start-ups-to-be-extended-for-one-more-year-fm-sitharaman","status":"publish","type":"page","link":"https:\/\/corpbiz.io\/learning\/newsletter\/benefits-for-start-ups-to-be-extended-for-one-more-year-fm-sitharaman\/","title":{"rendered":"Benefits for Start-ups to be extended for one more year : FM Sitharaman"},"content":{"rendered":"\n<p>In her budget speech Finance minister Nirmala Sitharaman that \u201cease of doing business\u201d and Tax incentives for start-ups will be extended by one more year. This step will prove to be a boon for the Indian start-up sector. The tax benefits for the businesses that were earlier decided to be for 3 years will be extended for one more year until March 31 2022. \u201cStart-ups have emerged as a growth driver for the economy. Tax incentives for start-ups increased from three years to four years of incorporation, in view of the pandemic,\u201d- said Sitharaman<\/p>\n\n\n\n<p>Along with this the minister also extended the capital gains\ntax exemption for start-ups by another year till March 31, 2022. Start-ups in\nIndia had raised a $42 billion in 2021. During this time, there was a steep\nrise in the number of Unicorns in India (companies with a valuation of more\nthan 1 billion). Almost 42 new companies became part of this club, taking the\ntally to 83 unicorns.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In her budget speech Finance minister Nirmala Sitharaman that \u201cease of doing business\u201d and Tax incentives for start-ups will be extended by one more year. This step will prove to be a boon for the Indian start-up sector. The tax benefits for the businesses that were earlier decided to be for 3 years will be [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":39852,"parent":4648,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"download-newsletter.php","meta":[],"acf":[],"_links":{"self":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/pages\/39850"}],"collection":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/comments?post=39850"}],"version-history":[{"count":2,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/pages\/39850\/revisions"}],"predecessor-version":[{"id":39853,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/pages\/39850\/revisions\/39853"}],"up":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/pages\/4648"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media\/39852"}],"wp:attachment":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media?parent=39850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}