Recommended 7-year tax holiday for start-ups: Sitharaman

Union Minister Nirmala Sitharaman today said her Ministry has recommended the Ministry of Finance to raise tax holiday for start-ups from three years to seven with a sense of constructive and positive approach, and was awaiting a response."They (Finance Ministry) have received the recommendations of Commerce and Industry Ministry to raise tax holiday to seven years from the current three years with sense of constructive and positive approach.