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The 'eligible startup' definition expanded; DPIIT recognises 1,17,000 startups with turnover limits.
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India's startup ecosystem is the world's third largest.
Nirmala Sitharaman's first budget for Modi 3.0, tabled in Parliament, proposes reducing TDS on e-commerce from 1% to 0.1%, merging tax exemption regimes, decriminalizing TDS delays, reviewing customs duties, and ending the Equalisation Levy by August 2024.
E-commerce export hubs aim to boost India's $2 billion exports, targeting $350 billion by 2030 amid banking challenges.AI for Smart Grid Energy Optimization Online Income Made Easy: Start Earning Today
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