Key incentives to entrepreneurship announced in Budget 2016

Last Updated: Feb 29, 2016, 13:27 PM IST
Key incentives to entrepreneurship announced in Budget 2016

Zee Media Bureau

New Delhi: Finance Minister Arun Jaitley's Budget 2016 focuses on boosting entrepreneurship. Here are the key measures announced:

1. 100% tax deduction for startups for first three years .

2. Rs 500 crore for Stand up India to promote entrepreneurship amongst SC, ST

3. To set up 1500 multi skilled training institutes; Rs 1700 crore set aside for skill training institutes

4. To promote 100 model career centres by end of 2016.

5. New manufacturing companies to be taxed 25% if not benefits availed