The Union Budget 2022 pillared itself on promotion of technology and digitalisation across sectors. Aptly referred to by many as the ‘Budget for Digital India’, the announcements come as a welcome step for the tech and start-up ecosystem in India.
The (Indian) Government has time and again recognized and acknowledged that the start-ups are drivers for growth for the economy in today’s time. Accordingly, a boost(er) has been provided to the start-ups in form of an extension of the tax incentives by another year i.e. through 2023 (being an expected move in view of the COVID-19 pandemic).
Please click here to read the full article by Prakriti Jaiswal, published in BW Legal World.
Prakriti specialises in mergers & cross border investments & acquisitions and private equity transactions. Her experience includes rendering advisory and structuring services on a variety of transactions including acquisitions of shares & business, private equity investments, joint ventures and corporate advisory.