<h1>Budget 2021-22 Boosts Indian Startups: Eases OPC Rules, Extends Tax Benefits, Launches Funds for Loans and Seed Capital.</h1> The Budget 2021-22 introduces measures aimed at boosting startups in India, including incentivizing the incorporation of One Person Companies (OPCs) by relaxing capital and turnover restrictions, allowing their conversion into other company types, and reducing residency requirements for NRIs. Tax benefits for startups are extended, with eligibility for exemptions prolonged to March 2022. A Credit Guarantee Fund with a Rs. 2000 crore corpus will provide collateral-free loans to startups, while the Startup India Seed Fund Scheme offers Rs. 945 crore for financial assistance to startups over four years. These initiatives aim to enhance funding availability and promote entrepreneurship across India.