Tax Holiday

The tax holiday scheme was earlier available for startups incorporated till March 31, 2023

The Madhya Pradesh government is leaving no stone unturned to facilitate investment assistance to various sectors

The government on Monday proposed extension of the eligibility for claiming tax holiday and capital gains exemption for investment in startups till March 31, 2022

Want no long-term capital gains tax for two years on investments held for 36 months; EY India sees 45-60% contraction in Indian PE/VC investment activity this year from record highs of 2019

Another variant of the programme will be to provide a four-year tax holiday to firms that invest $100 million or more in labour-intensive sectors

The finance ministry is considering a commerce ministry proposal on this, according to a Bloomberg report

Sunset clause under India's SEZ policy that provides generous tax benefits to SEZ units & developers, ends on March 31

Key officials of ADGM are on a 10-day visit to India and meeting businesses at Delhi, Mumbai, Hyderabad, Kochi and Thiruvananthapuram