Prime Minister Narendra Modi launched in New Delhi on Saturday, the Action Plan to facilitate startups in India which will help boost entrepreneurship at the grassroots level.
Startup India Action Plan 2016 – Some Important Event Highlights
- Tax Exemption to Startup for 3 Years
- Compliance based on Self-Certification
- Discount on Patent Fee and Fast-Track Patent Examination
- Tax Exemption on Capital Gains
- Relaxed Norms of Public Procurement for Startups
- Faster Exit for Startups
- Tax Exemption for Investments above Fair Market Value
- Rs.10,000 Crore Fund of Funds
- Credit Guarantee for Startup
- Startup India Hub
- Mobile App and Portal to track the status
- Startup Fest for Showcasing Innovation
- Atal Innovation Mission
- Seven New Research Parks
- Annual Incubator Grand Challenge
SEE THE COMPLETE ACTION PLAN DOCUMENT HERE:
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