Telecom News

For Startups, Government is all set to launch a website!!!

Advertisement

For encouraging entrepreneurs the government is planning to launch a web portal with the process of registration of startups by next week. Besides the Startup India initiative launched last year, the DIPP has issued the definition of startups and is making it easier for them to file patent applications.

The Union Budget for 2016-17, proposed full tax exemption for startups for three years. Besides, a special patent regime has been proposed with a 10% rate of tax on income from worldwide exploitation of patents developed and registered in India in order to promote innovations. The Startup India action plan has proposed a “Fund of Funds” to raise Rs 2,500 crore annually for four years for financing startups.

Advertisement

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
How to whitelist website on AdBlocker?

How to whitelist website on AdBlocker?

  1. 1 Click on the AdBlock Plus icon on the top right corner of your browser
  2. 2 Click on "Enabled on this site" from the AdBlock Plus option
  3. 3 Refresh the page and start browsing the site

Adblock Detected

Please consider supporting us by disabling your ad blocker