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Startups seek tax sops available to manufacturing sector
Business new tamfitronics MUMBAI: Startups are seeking tax incentives for the sector in the upcoming Budget. The industry, for instance, is batting for similar benefits which have been extended to the manufacturing sector. "Manufacturing companies benefit from lower tax rates to boost activities in line with the 'Make in India' initiative. Similar tax incentives should be considered for startups, especially those working to strengthen the Digital India initiative.Startups invest heavily in R&D and tech infrastructure. Incentives such as weighted tax deductions and subsidies for R&D employee costs would significantly promote R&D activities in the startup ecosystem and create more employment opportunities," said Arpit Chug, CFO at Razorpay.Easing Esop (employee stock ownership plan) taxation for startups would go a long way in helping companies retain talent, said Mayank Kumar, co-founder & MD at UpGrad....
In the Information: Grants of $5,000 to $100,000 Available Now!
Top Stories Tamfitronics When a catastrophe strikes, don’t let your corporation drown in wretchedness. The Francis Scott Key Bridge crumple is an instance and a main setback for local agencies, but grant purposes can support. Be taught federal, disclose, and native sources to seek if there are help purposes being deployed.Prepare now: earn hurt documentation and withhold receipts for repairs. Act rapid: closing dates loom. With some legwork, grants can accept your corporation support on its feet. Whether or no longer there is a catastrophe or no longer, public and personal entities consistently offer grants. Handle an seek on the latest offerings and apply as quickly as you might per chance also mediate of to present yourself the best chance. Factual luck!Grants Available to Abet Firms Combating Port of Baltimore ClosuresWell-known mess ups, love the...
Within the Recordsdata: Grants as much as $10,000 On hand for Constructing and Renovation
Top Stories Tamfitronics Small companies count on grants for building and reworking projects that beef up their facilities, develop their operations, and accomplish their properties explore higher from the avenue. These funds help with modernization projects, making determined that principles are adopted and growing appealing areas for purchasers, which at final outcomes in extra foot traffic and sales.Grants help companies develop and substitute by making capital improvements more inexpensive. This retains companies aggressive and relevant in their markets. This help helps the economy develop and brings existence attend to communities.Small Industry Grants On hand to Those Suffering from Constructing, Extreme WeatherSmall trade grants would maybe also just also be in particular helpful for entrepreneurs who're navigating main challenges. Issues savor construction projects, excessive weather, and vandalism can all motive trade closures or considerable losses. Man...
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