A notification regarding simplifying the process for startups to get exemptions on investments under section 56(2)(viib) of Income Tax Act, 1961, will be issued shortly, the official said.
A thaw in relations between Israel and the United Arab Emirates has raised expectations of an influx of funding in 'Silicon Wadi', Israel's answer to Silicon Valley.
The JioPhone Next will be made available for purchase on Diwali (November 4) and users can purchase the smartphone for Rs 1,999 entry price and pay the rest in easy EMIs.
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