Updated return of income can be filed within 2 years from the end of relevant assessment year ,on payment of additional tax Tax relief to person with disability Tax Incentive for startup extended upto 31/03/2023 taxation on income from sale of virtual assests@30% Incentives for newly incorporated manufacturing entities under concessional tax regime 6. Income of a non-resident from offshore…

In the last two years, startups in our country faced unprecedented challenges due to the ongoing pandemic. Funds dried up for most, many entrepreneurs reeled under the multiple taxes, and quite a few shut down operations.