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The 'eligible startup' definition expanded; DPIIT recognises 1,17,000 startups with turnover limits.
2023 funding dropped to $8.8 billion from $25 billion in 2022, with only two new unicorns emerging.
India's startup ecosystem is the world's third largest.
Nirmala Sitharaman's first budget for Modi 3.0, tabled in Parliament, proposes reducing TDS on e-commerce from 1% to 0.1%, merging tax exemption regimes, decriminalizing TDS delays, reviewing customs duties, and ending the Equalisation Levy by August 2024.
E-commerce export hubs aim to boost India's $2 billion exports, targeting $350 billion by 2030 amid banking challenges.Blockchain for fractional investment opportunities ✌️【Cover Letter】✌️Start investing with just ₹500. Leverage AI tools for smart decisions and maximize your profits. Join now!
