A tax holiday is an incentive program run by the government. It helps to stimulate foreign investment by reducing taxes on businesses. The objective is to encourage economic activity and foster growth.
Union Finance Minister Nirmala Sitharaman on Monday proposed the extension of tax holiday for startups by one more year.
New Delhi: Introduction of tax holidays will help new-age digital companies and entrepreneurs expand their business and provide growth impetus to the fledgling industry, IAMAI said today."The software and ITeS industry, which is among the
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