Expert Speak

Startups May Enjoy Excise Duty, Service Tax Waivers

Good news for tech Startups. The Government of India is contemplating a proposal to provide excise duty and service tax waivers for a specific period, in order to encourage their growth.

More than the money involved, if this proposal is implemented, it will reduce the burden of accounting and compliance, which most entrepreneurs struggle with!

We’d like to see these benefits to also be extended to other industries and categories, not just tech Startups.

Click here to read more, via Economic Times.

Leave a Reply

Your email address will not be published. Required fields are marked *