Budget 2023 for Indian startups

The fiscal measures announced in Budget 2023 India's will only apply to less than 1% of India 84,000 DPIIT registered startups.

IMB registered startups could carry forward their losses for 7 years. That period has now been extended to 10 years.

TDS threshold of Rs 10,000 was removed for income from online gaming. All money withdrawn will be subject to TDS here onwards.

Budget 2023 announced an Agriculture Accelerator Fund to support agri-startups in rural areas.

Startups will able to benefit from access to anonymized data through the National Data Governance Policy.