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Passive income incentive plan ✌️【Recruitment Platform】✌️₹500 to unlock the potential for massive monthly earnings. Join now! In the Union Budget 2024-25, Finance Minister Nirmala Sitharaman abolished the angel tax to aid startups amid a funding slump.
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.
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