Will Budget 2024 help startups access domestic capital? Will angel tax be removed? Will startup innovation and R&D get a push? What about deeptech and AI? Watch today’s Budget Show to find out

 

Will Budget 2024 help startups access domestic capital? Will angel tax be removed? Will startup innovation and R&D get a push? What about deeptech and AI? Watch today's Budget Show to find out

The Budget Show with BS: Will angel tax on startups be removed?

Analysts said companies like Amazon and Flipkart may have to invest at least $1 billion each in 2-3 years  to catch up

Two passengers on board a Delhi-bound Air India flight from Copenhagen (Denmark) came to blows over armrest space just when the aircraft was about to land at the Indira Gandhi International Airport on Sunday, a source said.
The flight landed at around 7.35 am.
An Air India official said that the passengers had an argument over some issue at its Copenhagen-Delhi flight of Saturday which was later sorted out "amicably".
According to the source, "The two passengers started an argument over the armrest space in economy class when the cabin crew was serving food and beverages, which turned into a heated exchange. The cabin crew pacified them by giving one of the passengers another seat.
"However, when the aircraft was about to land in Delhi, the passenger came to collect his baggage from the seat he was sitting earlier, they again started the fight and came to blows."
The number of passengers on board the Boeing 787-8 aircraft, operating AI 158 (Copenhagen-Delhi) could not be known.
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An Air India official said that the passengers had an argument over some issue at its Copenhagen-Delhi flight of Saturday which was later sorted out "amicably"

Debecker spoke about Cloud services and artificial intelligence and how Wipro is preparing to be an AI-powered firm

Technology startups raised $11.3 billion, a six per cent increase from $10.7 billion raised in 2023

The state saw a combined growth of 683.62 sq km in forest cover, securing the topmost position in the country

Union Minister Jitendra Singh will inaugurate the National Workshop on 'Good Governance' practices tomorrow in New Delhi.The workshop will take place at Bhim Auditorium, Ambedkar International Centre.According to a statement from the Ministry of Personnel, Public Grievances  &  Pensions, the minister will also inaugurate an exhibition showcasing the best practices of the Swachhata Campaign 4.0, curated by various ministries, and release the assessment report.The technical sessions will feature addresses by the Secretary of the Ministry of Road Transport and Highways (MORTH), Secretary of Posts, Secretary of the Ministry of External Affairs (MEA), Secretary of the Railway Board, Director General of the National Informatics Centre (NIC), and Director General of the National Archives of India (NAI).The workshop will see participation from 750 officials representing all ministries. This marks the fourth National Workshop on Good Governance Practices organised by the Department of ...

The workshop will take place at Bhim Auditorium, Ambedkar International Centre in New Delhi on Monday

The CII pointed out that despite being successful, the PSL framework required recalibration to stay relevant

The GST Council, in its meeting on Saturday, is likely to decide on reducing tax rates on life and health insurance premiums, but a decision on big-ticket rate rationalisation, including a higher tax on sin goods, may be deferred.
The GoM on GST rate rationalisation had proposed rate rejigs in 148 items in its recommendations, but sources said that consensus is needed to be built on some of the tax changes that the panel has suggested and some more time may be needed for that.
The 55th meeting of the GST Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising state counterparts, is also likely to deliberate on bringing Aviation Turbine Fuel (ATF), a major component for airline industry's operation cost, in the Goods and Services Tax (GST) fold.
The GST rate is also proposed to be cut on food delivery platforms like Swiggy and Zomato, to 5 per cent (without input tax credit), from the current 18 per cent (with ITC).
However, the Fitment Committee (comprising tax

Also, the Group of Ministers (GoM) on GST compensation cess is likely to get a six month extension till June, 2025, to submit its report. The compensation cess regime comes to an end in March, 2026

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The Budget Show with BS: Will angel tax on startups be removed?

Will Budget 2024 help startups access domestic capital? Will angel tax be removed? Will startup innovation and R&D get a push? What about deeptech and AI? Watch today’s Budget Show to find out

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