Union Minister, Nirmala Sitharaman in a move to encourage budding entrepreneurs has urged Finance Ministry on raising tax holiday for startups from present 3 years to 7 years, on Monday. The decision comes post a lot of inputs from startups that has been received, said the Minister. Nirmala Sitharaman informed the same to media regarding the initiative taken by her ministry during the last two years. To get latest current affairs view here.

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