{"id":83,"date":"2025-02-20T16:43:57","date_gmt":"2025-02-20T16:43:57","guid":{"rendered":"http:\/\/a2zinfos.com\/?p=83"},"modified":"2025-02-20T16:43:57","modified_gmt":"2025-02-20T16:43:57","slug":"startup-india","status":"publish","type":"post","link":"https:\/\/a2zinfos.com\/?p=83","title":{"rendered":"Startup India"},"content":{"rendered":"<div class=\"startup-hding\">\n<h3>Key Initiatives<\/h3>\n<p>The Department for Promotion of Industry and Internal Trade (DPIIT) through the Startup India initiative has executed various projects and undertaken recurring models to propel the Indian Startup Ecosystem.<\/p>\n<h3><strong>BHASKAR<\/strong><\/h3>\n<\/div>\n<div class=\"row\">\n<div class=\"col-md-8 col-sm-8\">\n<div class=\"tab-content\">\n<div id=\"new-section\" class=\"tab-pane active\">\n<div class=\"marquee-programs\"><img loading=\"lazy\" decoding=\"async\" class=\"# alignright\" title=\"\" src=\"https:\/\/www.startupindia.gov.in\/content\/dam\/invest-india\/newhomepage\/key-bhaskar.png\" alt=\"\" width=\"95\" height=\"95\" \/><\/div>\n<div class=\"marquee-programs\">\n<p>Bharat Startup Knowledge Access Registry, BHASKAR, is envisioned as a one-stop digital platform where diverse startup ecosystem stakeholders can seamlessly connect and collaborate, catalysing the growth and success of the startup ecosystem across India. By providing a comprehensive platform for connection, knowledge sharing, and searchability, BHASKAR aspires to empower entrepreneurs and ecosystem stakeholders at every stage of their journey, driving forward a culture of innovation that propels India to the forefront of global entrepreneurship.<\/p>\n<p><a href=\"https:\/\/www.startupindia.gov.in\/bhaskar\">Know More\u00a0<i><img decoding=\"async\" title=\"\" src=\"https:\/\/www.startupindia.gov.in\/content\/dam\/invest-india\/newhomepage\/dpiit-right-arrow.png?raw=1\" alt=\"\" \/><\/i><\/a> Visit: <a href=\"https:\/\/www.startupindia.gov.in\/bhaskar\">https:\/\/www.startupindia.gov.in\/bhaskar<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<h3 data-start=\"146\" data-end=\"206\"><strong data-start=\"150\" data-end=\"206\">Eligibility Criteria for Startup India Registration:<\/strong><\/h3>\n<ol data-start=\"207\" data-end=\"1023\">\n<li data-start=\"207\" data-end=\"577\">\n<p data-start=\"210\" data-end=\"370\"><strong data-start=\"210\" data-end=\"229\">Type of Entity:<\/strong> Your business must be registered as a <strong data-start=\"268\" data-end=\"366\">Private Limited Company, Limited Liability Partnership (LLP), or a Registered Partnership Firm<\/strong>.<\/p>\n<ul data-start=\"374\" data-end=\"577\">\n<li data-start=\"374\" data-end=\"464\">Unfortunately, <strong data-start=\"391\" data-end=\"441\">Proprietorship firms are not directly eligible<\/strong> under Startup India.<\/li>\n<li data-start=\"468\" data-end=\"577\">However, you can <strong data-start=\"487\" data-end=\"559\">convert your proprietorship into an LLP or a Private Limited Company<\/strong> and then apply.<\/li>\n<\/ul>\n<\/li>\n<li data-start=\"579\" data-end=\"690\">\n<p data-start=\"582\" data-end=\"690\"><strong data-start=\"582\" data-end=\"606\">Age of the Business:<\/strong> Your entity should not be older than <strong data-start=\"644\" data-end=\"656\">10 years<\/strong> from the date of incorporation.<\/p>\n<\/li>\n<li data-start=\"692\" data-end=\"813\">\n<p data-start=\"695\" data-end=\"813\"><strong data-start=\"695\" data-end=\"714\">Turnover Limit:<\/strong> The annual turnover should not exceed <strong data-start=\"753\" data-end=\"768\">\u20b9100 crores<\/strong> in any financial year since incorporation.<\/p>\n<\/li>\n<li data-start=\"815\" data-end=\"1023\">\n<p data-start=\"818\" data-end=\"1023\"><strong data-start=\"818\" data-end=\"847\">Innovation &amp; Scalability:<\/strong> The startup should be working on innovation, development, or improvement of products\/services\/processes and have the potential for employment generation and wealth creation.<\/p>\n<\/li>\n<\/ol>\n<h3 data-start=\"175\" data-end=\"230\"><strong data-start=\"179\" data-end=\"228\"> Key Benefits of Startup India Registration<\/strong><\/h3>\n<h3 data-start=\"232\" data-end=\"280\">\u2705 <strong data-start=\"238\" data-end=\"278\">1. Tax Exemptions (Biggest Benefit!)<\/strong><\/h3>\n<ul data-start=\"281\" data-end=\"671\">\n<li data-start=\"281\" data-end=\"533\"><strong data-start=\"283\" data-end=\"318\">3 Years of Income Tax Exemption<\/strong>\n<ul data-start=\"323\" data-end=\"533\">\n<li data-start=\"323\" data-end=\"458\">Startups recognized by <strong data-start=\"348\" data-end=\"357\">DPIIT<\/strong> can apply for a <strong data-start=\"374\" data-end=\"396\">100% tax exemption<\/strong> for 3 years under <strong data-start=\"415\" data-end=\"433\">Section 80 IAC<\/strong> of the Income Tax Act.<\/li>\n<li data-start=\"461\" data-end=\"533\">This means <strong data-start=\"474\" data-end=\"503\">NO income tax for 3 years<\/strong>, reducing financial burden.<\/li>\n<\/ul>\n<\/li>\n<li data-start=\"534\" data-end=\"671\"><strong data-start=\"536\" data-end=\"559\">Angel Tax Exemption<\/strong> (Section 56 Exemption)\n<ul data-start=\"587\" data-end=\"671\">\n<li data-start=\"587\" data-end=\"671\">If investors fund your startup, you won\u2019t pay <strong data-start=\"635\" data-end=\"648\">Angel Tax<\/strong> on their investment.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<hr data-start=\"673\" data-end=\"676\" \/>\n<h3 data-start=\"678\" data-end=\"735\">\u2705 <strong data-start=\"684\" data-end=\"733\">2. Easier Compliance &amp; Regulatory Relaxations<\/strong><\/h3>\n<ul data-start=\"736\" data-end=\"914\">\n<li data-start=\"736\" data-end=\"817\"><strong data-start=\"738\" data-end=\"791\">Self-Certification for Labor &amp; Environmental Laws<\/strong> \u2013 Reduces legal hassle.<\/li>\n<li data-start=\"818\" data-end=\"914\"><strong data-start=\"820\" data-end=\"855\">No Inspection for First 3 Years<\/strong> \u2013 You won\u2019t be randomly audited by government officials.<\/li>\n<\/ul>\n<hr data-start=\"916\" data-end=\"919\" \/>\n<h3 data-start=\"921\" data-end=\"962\">\u2705 <strong data-start=\"927\" data-end=\"960\">3. Government Funding Support<\/strong><\/h3>\n<ul data-start=\"963\" data-end=\"1216\">\n<li data-start=\"963\" data-end=\"1083\"><strong data-start=\"965\" data-end=\"997\">SIDBI Fund of \u20b910,000 Crores<\/strong>\n<ul data-start=\"1002\" data-end=\"1083\">\n<li data-start=\"1002\" data-end=\"1083\">The government funds selected startups through banks and venture capitalists.<\/li>\n<\/ul>\n<\/li>\n<li data-start=\"1084\" data-end=\"1216\"><strong data-start=\"1086\" data-end=\"1121\">Priority for Government Tenders<\/strong>\n<ul data-start=\"1126\" data-end=\"1216\">\n<li data-start=\"1126\" data-end=\"1216\">Registered startups <strong data-start=\"1148\" data-end=\"1179\">don\u2019t need prior experience<\/strong> to apply for government contracts.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<hr data-start=\"1218\" data-end=\"1221\" \/>\n<h3 data-start=\"1223\" data-end=\"1285\">\u2705 <strong data-start=\"1229\" data-end=\"1283\">4. Intellectual Property (IP) &amp; Trademark Benefits<\/strong><\/h3>\n<ul data-start=\"1286\" data-end=\"1412\">\n<li data-start=\"1286\" data-end=\"1326\"><strong data-start=\"1288\" data-end=\"1324\">80% Rebate on Patent Filing Fees<\/strong><\/li>\n<li data-start=\"1327\" data-end=\"1378\"><strong data-start=\"1329\" data-end=\"1376\">50% Discount on Trademark Registration Fees<\/strong><\/li>\n<li data-start=\"1379\" data-end=\"1412\"><strong data-start=\"1381\" data-end=\"1410\">Faster Patent Examination<\/strong><\/li>\n<\/ul>\n<hr data-start=\"1414\" data-end=\"1417\" \/>\n<h3 data-start=\"1419\" data-end=\"1451\">\u2705 <strong data-start=\"1425\" data-end=\"1449\">5. Easier Winding Up<\/strong><\/h3>\n<ul data-start=\"1452\" data-end=\"1562\">\n<li data-start=\"1452\" data-end=\"1562\">If your business doesn\u2019t work out, you can <strong data-start=\"1497\" data-end=\"1525\">shut down within 90 days<\/strong>, instead of long legal procedures.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.startupindia.gov.in\/bhaskar\">Know More\u00a0<i><img decoding=\"async\" title=\"\" src=\"https:\/\/www.startupindia.gov.in\/content\/dam\/invest-india\/newhomepage\/dpiit-right-arrow.png?raw=1\" alt=\"\" \/><\/i><\/a> Visit <a href=\"https:\/\/www.startupindia.gov.in\/\">https:\/\/www.startupindia.gov.in\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Initiatives The Department for Promotion of Industry and Internal Trade (DPIIT) through the Startup India initiative has executed various&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_2146484275810444_221069154578732":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[44],"tags":[94,96,97,101,98,99,102,103,93,91,90,92,95,100],"class_list":["post-83","post","type-post","status-publish","format-standard","hentry","category-business-ideas-en","tag-business","tag-exemptions","tag-fundings","tag-governement","tag-intellectual-property","tag-ip","tag-llp","tag-pvt","tag-registration","tag-startup","tag-startup-india","tag-startup-india-registration","tag-tax-benefits","tag-trademark"],"_links":{"self":[{"href":"https:\/\/a2zinfos.com\/index.php?rest_route=\/wp\/v2\/posts\/83","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/a2zinfos.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/a2zinfos.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/a2zinfos.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/a2zinfos.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=83"}],"version-history":[{"count":1,"href":"https:\/\/a2zinfos.com\/index.php?rest_route=\/wp\/v2\/posts\/83\/revisions"}],"predecessor-version":[{"id":84,"href":"https:\/\/a2zinfos.com\/index.php?rest_route=\/wp\/v2\/posts\/83\/revisions\/84"}],"wp:attachment":[{"href":"https:\/\/a2zinfos.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=83"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/a2zinfos.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=83"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/a2zinfos.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=83"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}