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Startup India – Eligibility

  action_plan_startup ◄ Back Next ► Picture 1 of 1 In addition, for a startup to be recognized as one, It must be an entity registered/incorporated as a: Private Limited Company under the Companies Act, 2013; or b. Registered Partnership firm under the Indian Partnership Act, 1932; or c. Limited Liability Partnership under the Limited Liability Partnership Act, 2008. Five years must not have elapsed from the date of incorporation/registration.…

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Startup India Action Plan – Main Points

The Startup India Action Plan of Government of India was unveiled on January 16, 2016 by Prime minister Narendra Modi. The main points of the plan for startups are as below. Tax exemptions for three years and concessions on capital gains tax. Compliance regime based on self-certification and no regulatory inspection for three years. A fund of Rs. 10,000 crore to back startups. Initially the corpus will be Rs. 2,500…