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THE CHETZZ

Stoic : Boundless • 6m

What are the key Budget announcements for startups? Finance Minister Nirmala Sitharaman said the government will set up a new fund of funds worth ₹10,000 crore for startups. The credit guarantee cover for startups has also been increased from 10 crore to *20 crore. Additionally, the benefit provided under Section 80 -IAC to startups has been extended for five more years.

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