To support the growth of the Indian startup ecosystem, finance minister Niramala Sitharaman on Saturday (February 1) announced that the government plans to extend the period of incorporation by five years to allow benefits to startups incorporated before April 1, 2030.

“We continue to support the Indian startup ecosystem. I propose to extend the period of incorporation by 5 years to allow the benefit available to startups, which are incorporated before 1.4.2030.” the minister said in her budget speech 2025.

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