Government will give Diwali gift to those doing their business, will get exemption on this tax for 2 years


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.

Also read: PMGKY: Government preparing to bring third stimulus package, can get free food grains and cash till March!

Tags: business news in hindi, Indian startups, Modi government

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