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Nawal

Hope , I can Help yo... • 3m

Reality of startup india scheme Core Features of the Startup India Initiative according to the Government of India: Ease of Doing Business: Simplified compliance, self-certification, and single-window clearances streamline processes for startups. Tax Benefits: Eligible startups enjoy tax exemptions for three consecutive financial years. Funding Support: The ₹10,000 crore Fund of Funds for Startups (FFS) supports early-stage funding. Sector-Specific Policies: Focused policies for sectors like biotechnology, agriculture, and renewable energy foster targeted growth. But in reality: 15 days for name approval, nearly 30 days for incorporation application filing in progress, and more delays. Tax benefits: Requires previous 3 years of financial statements, so startups can’t claim benefits for the first 3 years. Even then, only 20% of companies manage to qualify for these benefits. Funding: Did you actually get the grant? Policies: Great in PDFs, less so in practice.

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Vaibhav Babruwan Shingde

Student • 1y

Hello Everyone, What do you think, India will be the next destination for startups because government is coming with some great policies for startups , let's take example of GIFT city where startups have 0% GST and first 10 years no tax for Startups.

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Anonymous

Hey I am on Medial • 6m

😂 Haha , we need such policies in india for better tax collection and concentration

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Modi government startup FAKERY - Congress president Mallikarjun Kharge targeted the Modi government for providing the Indian startups with"almost negligible support, which he called a "STARTUP OF FAKERY." - Barely1.58% of the accredited startups

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LesGo

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Government initiatives like 'Startup India' have been pivotal. They provide tax benefits, easier compliance, and funding opportunities. The Atal Innovation Mission and Startup India Seed Fund Scheme are boosting innovation across the country.

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🔥 What's your take on these BJP policies ? • No tax on startups and business with upto 2 Crores turnover • No tax on Indian Upto 12 Lakh turn over • 10K Thousands Crores fund for entrepreneurs

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