Friday, August 11, 2023

Parliamentary panel eases criteria for recognised startups to avail tax benefits

​​​The department-related Parliamentary Standing Committee on Commerce has expressed concern about the low utilisation of section 80-IAC of the Income Tax Act, 1961, which entitles eligible startups to avail the tax benefit. It was implemented in 2017.

from Tech-Economic Times https://ift.tt/gRTW3Bv
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