Budget 2023: key takeaways for the tech and startup sector
Finance Minister Nirmala Sitharaman presented the last full Budget of the Narendra Modi-led government on Wednesday. The government announced several measures for the tech and startup sectors such as extending the date of incorporation of startups for Income Tax benefits, increasing the allocation to the IT ministry by 40% to Rs 16,549 crore, an accelerator fund for agritech startups, and exemption of customs duty on manufacturing of lithium-ion cells, among others