“India is currently in its ‘Startup moment’. Startups are in the limelight and entrepreneurship is beginning to be celebrated. In the current focus on startups and new found interest from private funds, ease of business and angel tax rules will define the next wave of support for our startup ecosystems. In the Budget 2022, there are incentives set aside under CGTMSE and for tax structuring. Focus on making Angel investments and tax holidays for startups will help improve the fledgling growth in this ‘Startup moment’ for India.”