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Nawal

Stealth • 4h

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

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

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HatchLegal

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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 of

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Sai Charan

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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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Anonymous
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🎈HAPPY BIRTHDAY🎈 PM MODI Ji🎈 PM modi Contribution in Indian startup ecosystem — 2014-2016: Post the 2014 elections and the initial efforts of the Modi government, the number of startups began to rise. By the launch of Startup India in 2016, the

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chirag sharma

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OYO latest funding round at $2.5B, down from a $10B valuation, highlights the sobering reality of the valuation bubble in the Indian startup ecosystem. A wake-up call for many sustainable growth over hype. #OYO #ValuationBubble #Startups #India #Tech

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BigLoot IN

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Is Bangalore losing its attractiveness for new startups? There can be two main reasons for this: 1. State Government policies against new companies 2. Favourable business environment in some of the cities in India.

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Income Tax season is here for Individuals. In case, you have invested in last year, do see my account for next couple of days for Income tax series. Will post from 29 June 2024.

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