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Saturday, August 15, 2026
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Budget news

IN-SPACe and stakeholders propose Rs 1,000-crore VC fund to boost space industry

In Short:The Indian government has proposed a Rs 1,000-crore venture capital fund to support the space sector, aiming to boost India's space economy five...

Government plans to eliminate angel tax on startup investments

In Short:Finance Minister Nirmala Sitharaman announced the removal of angel tax for all classes of investors in startups to support innovation. She also proposed...

Telecom equipment PCBA duty to increase from 10% to 15%

In Short:Finance minister Nirmala Sitharaman proposed raising the basic customs duty on printed circuit board assembly (PCBA) for specified telecom equipment from 10% to...

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