Tax break for three years in 7 years
Startup registration with – www.startupindia.gov.in
Government has launched a scheme for assisting the Start-up in a big way. There are many policy support measures and incentives. The important one is tax exemption.
Income Tax Exemption on profits under Section 80-IAC of Income Tax Act for the following eligible entities:
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A private limited company or a limited liability partnership,
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Incorporated on or after 1st April 2016 but before 1st April 2021, and
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Products or services or processes are undifferentiated, have the potential for commercialization and have significant incremental value for customers or workflow
The deduction is for any three consecutive years out of seven years from the year of incorporation of startup.
Also, the Income Tax Exemption is allowed on the investments above fair market value for the investment made by the angel investors.
Process of project
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industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently.
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industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
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industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently.
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industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
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industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.