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Government Extends Tax Benefits To 67 Startups Under Startup India Scheme

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Under its Startup India, Stand Up India program the Government of India has extended tax benefits to 67 startups till date. The announcement was made by Minister of State for Commerce and Industry CR Chaudhary.

2016 witnessed Prime Minister Narendra Modi announcing the way forward to Digital India and a big boost to the Startup community. During this year’s budget the Finance Minister Arun Jaitley stated that firms that were incorporated after March 31, 2016 could avail a tax holiday for three out of seven years,........

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