Startup India Scheme

The Startup India scheme is a government initiative aimed at promoting entrepreneurship and innovation in India. To be eligible for the scheme, startups need to obtain a Certificate of Eligible Business from the Inter-Ministerial Board of Certification. The certificate is issued after evaluating the startup's eligibility for the scheme.
The scheme provides various benefits to eligible startups, including:
- Tax exemptions on income tax
- Exemption from capital gains tax
- Self-certification and compliance under labor and environment laws
The scheme also provides funding support to startups through the Fund of Funds for Startups, which invests in venture capital funds that invest in startups.
For more information on the Startup India scheme, please visit the original source article at https://www.mondaq.com/india/tax-authorities/1824000/startup-india-scheme-legal-benefits-and-compliance-guide