DECODING BUDGET 2023 FOR STARTUPS

OVERVIEW

Do you know that the word “Startup” and “Digital” have been referred to 14 and 22 times respectively in the Hon’ble FM budget speech document? Clearly depicting the priorities of the Government as well.

The Union Budget for FY 2023-24 was presented in the Lok Sabha on Feb 1, 2023. In the attached document, we attempt to bring out key highlights of the budget in a manner understandable to entrepreneurs, keeping the technical jargons aside. Also included in the document is a comparison table of the New Tax Regime and Old Tax Regime at various income levels.

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