Thursday, 5 March, 2026
Union Budget 2021: Government extends tax exemption to start-ups for another year
By Basit Ansari
<p>The Union Budget 2021-22 has given importance to start-ups by extending tax holidays by one year. Finance minister Nirmala Sitharaman has also announced incentivising one-person companies (OPCs) to help startups and innovators. The FM also reduced residency limit for Indian to set up a one-person company from 182 to120 days and allowed non-resident Indians to set-up OPC too. "This will be a big boost for startups," Sitharaman said.</p>
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Read full story at Hindustan Times
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