Expect Relaxations In Tax Liability For Startups-Budget 2016
Budget 2016 shall bring various relaxations for startups in different business areas , and more particularly in E-commerce ,in India.Because ,if we cherish for “Make in India” then it is the startups which have to be boosted.
AMLEGALS expect the following relaxations for startups to make them stand before they contribute in the process of “Make in India”.:
a.relaxations either in taxation limits,
b.reduced tax rates
c.deferred liability to pay tax,
d.certain tax exemptions with buffer period
e.Procedural relaxations etc
to make them stand before they contribute in the process of “Make in India”.