July 27, 2024
Union government announces Rs 44.14 billion for budget 2024-25
The removal of angel tax is a welcome move for India’s startup ecosystem. This, coupled with the establishment of a Rs 10 billion VC fund for the space economy, will foster innovation. The budget’s focus on manufacturing, with the introduction of plug-and-play industrial parks, is progressive. MSMEs will benefit significantly from the credit guarantee scheme, new assessment models by PSU banks, and increased Mudra loan limits.
Read MoreRelated Posts
