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.

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

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 All money withdrawn will be subject to TDS here onwards.

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

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

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