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Budget 2025: Here is what startups expect from Union government

Economic Times · 4m

The Union government's Budget 2025, expected to be presented on February 1, is anticipated to address key expectations from the startup ecosystem. Startups and VCs seek tax reforms, particularly rationalizing employee stock ownership plans to avoid double taxation. They also hope for a reduction in TDS rates for ecommerce operators and increased equity funding for fintech serving rural areas. There are calls for streamlined GST processes, R&D tax incentives, and development support for Tier 2 and Tier 3 cities.