New Delhi: Due to the spread of Corona virus across the country, Indian startups are facing a lot of trouble on the funding front. According to the information received from the sources, the central government can make a big announcement for Indian startups soon. News is coming that those investing in unlisted startups can get tax exemption for up to 2 years. Since the pandemic, startup companies across the country are facing the problem of funding. Keeping this in mind, the government can take this decision soon.
Can get exemption in LTCG tax
Let us tell you that the government has imposed a strict ban on all investments coming from China. Since then, domestic Indian startups have limited resources left for funding. In such a situation, the government can take a big step to solve this problem. CNBC Awaaz has received information from sources that domestic investors who invest in unlisted startups can get LTCG tax exemption for two years.
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#funding Indians struggling with the problem of #startups For this, the government can make a big announcement. Investments in unlisted startups can be tax exempted for up to two years. know the whole news @aloke_priya from | @startupindia pic.twitter.com/QU1dRZp9Sz
— CNBC-AWAAZ (@CNBC_AWAAZ) October 26, 2020
Tags: business news in hindi, Indian startups, Modi government
FIRST PUBLISHED : October 27, 2020, 09:18 IST