Indian finance Minister Nirmala Sitharaman introduced union funds 2023 on February 1. The main bulletins for Indian Startups embrace:
1 An Agriculture Accelerator Fund has been introduced, It will toughen Agritech startups and can deliver innovation to this sector.
2 The federal government has prolonged the date of incorporation for startups to avail earnings tax advantages from March 2023 to March 2024.
3 In an enormous assist for EV startups, Authorities has prolonged customs obligation exemptions on importing items and equipment used to fabricate Lithium-ion batteries.