While 75 startups were cleared for exemptions during the 79th IMB meeting, another 112 received the government’s nod during the 80th meeting
With this, more than 3,700 startups have now been granted tax exemptions under the scheme since its inception in 2017
FM Sitharaman, in Budget 2025-26 speech proposed extending the eligibility window for startups to apply for benefits provided under Section 80-IAC for an additional period of 5 years to 2030
The Department for…