News & Media 3rd Feb 2025

Budget: 5-year extension of incorporation deadline brings cheer to startups

Authors

Rahul CharkhaPartner | Pune

Latest Thought Leadership

Alerts & Updates 25th Sep 2026

Key decisions taken in the SEBI Board Meeting dated 24th September 2026

Read More
international trades
Alerts & Updates 24th Sep 2026

ELP Sanctions Update – Foreign Sanctions and Contractual Obligations: Delhi High Court Directs Resumption of SAP Support Services to Nayara Energy

Read More
Alerts & Updates 22nd Sep 2026

Sanctions Update – Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 and Implications for India

Read More
international trades
Newsletter/Booklets 22nd Sep 2026

Trade Newsletter: August 2026

Read More

The Finance Minister Nirmala Sitharaman’s announcement to extend the deadline for incorporation of startups by five years until April 1, 2030, has brought cheer to the ecosystem.

The extension allows startups, recognised by the Department for Promotion of Industry and Internal Trade (DPIIT), to avail tax benefits under Section 80-IAC of the Income Tax Act, 1961.

Against this backdrop, Rahul Charkha has been quoted in an article, “Budget: 5-year extension of incorporation deadline brings cheer to startups” written by Udisha Srivastav published in Business Standard.

Read the detailed quote here

Privacy Policy

As per the rules of the Bar Council of India, lawyers and law firms are not permitted to solicit work or advertise. By clicking on the "I Agree" button, you acknowledge and confirm that you are seeking information relating to Economic Laws Practice (ELP) of your own accord and there has been no advertisement, personal communication, solicitation, invitation or any other inducement of any sort whatsoever by or on behalf of ELP or any of its members to solicit any work through this website.