India's Finance Minister Nirmala Sitharaman holds up a folder with the Government of India's logo as she leaves her office to present the federal budget in the parliament, in New Delhi, India

In this article India’s Finance Minister Nirmala Sitharaman presented the federal budget to parliament on February 1, 2023, carrying a folder with the Government of India’s logo.

 

The 2024 Interim Budget extends tax benefits and startup seed funding India, offering relief through incentives for sovereign wealth and pension fund investments.

 

 However, startups in sectors like deep tech and sustainability expected more focused support. While the extension of tax sops encourages long-term commitments, the startup ecosystem still seeks further policy innovation to foster sustainable growth in the country.

Published on: FEB 01, 2024