India's interim budget extends tax sops but leaves startups wanting more

India's interim budget extends tax sops but leaves startups wanting more

India's Finance Minister Nirmala Sitharaman holds up a folder with the Government of India's logo as she leaves her office to present the federal budget in the parliament, in New Delhi, India, February 1, 2023. REUTERS/Adnan Abidi

Even as India’s interim budget, presented on Feb. 1, did not introduce many changes for startups on the policy front, the one-year extension of tax benefits for startups, sovereign wealth funds and pension funds investing in the country came as a relief for the sector.

Edited by: Pramod Mathew

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter