𝐄𝐱𝐩𝐥𝐨𝐫𝐢𝐧𝐠 𝐓𝐚𝐱 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐟𝐨𝐫 𝐒𝐭𝐚𝐫𝐭𝐮𝐩𝐬: 𝐒𝐞𝐜𝐭𝐢𝐨𝐧𝐬 80-𝐈𝐀𝐂 & 56 𝐨𝐟 𝐭𝐡𝐞 𝐈𝐧𝐜𝐨𝐦𝐞 𝐓𝐚𝐱 𝐀𝐜𝐭, 1961 Startups in India are the engines of innovation and growth and to fuel their journey, the government offers significant tax benefits under Sections 80-IAC and 56 of the Income Tax Act, 1961. These provisions are tailored to reduce the financial burden, encourage funding and promote entrepreneurial ventures. Read about this on our LinkedIn Page.
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