The startup and venture capital (VC) communities are seeking ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/tax-reforms” target=”_blank”>tax reforms in the budget, specifically requesting that employee stock ownership plans data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/tech/startups/esop-tax-rationalisation-tops-budget-wishlist-of-vcs-startups/articleshow/117465285.cms?from=mdr” data-type=”tilCustomLink” target=”_blank”>(Esops) be rationalised to prevent double taxation.
Positive developments for ecommerce
In recent years, the government has introduced measures to regulate the ecommerce sector and increase tax compliance.
In the ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/budget”>Budget 2024, the government had reduced the ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/wealth/tax/what-is-tds-and-how-does-it-work/articleshow/58905206.cms”>TDS rate for ecommerce…

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