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icicibank com 2024 explained ✌️【365vc.net】✌️Save, invest, and grow! ₹500 to begin, with potential for 100% monthly profits. In the Union Budget 2024-25, Finance Minister Nirmala Sitharaman abolished the angel tax to aid startups amid a funding slump.

The 'eligible startup' definition expanded; DPIIT recognises 1,17,000 startups with turnover limits.

2023 funding dropped to $8.8 billion from $25 billion in 2022, with only two new unicorns emerging.

India's startup ecosystem is the world's third largest.

Nirmala Sitharaman's first budget for Modi 3.0, tabled in Parliament, proposes reducing TDS on e-commerce from 1% to 0.1%, merging tax exemption regimes, decriminalizing TDS delays, reviewing customs duties, and ending the Equalisation Levy by August 2024.

E-commerce export hubs aim to boost India's $2 billion exports, targeting $350 billion by 2030 amid banking challenges.icicibank com 2024 explained Smart Wealth Management for Maximum Returns