section80IAC

Startups

Tax Benefits and Exemptions for Startups and MSMEs

In India, both startup and MSMEs are eligible for certain tax benefits and exemptions to promote entrepreneurship and economic groups. Startups (incorporated as a private limited company or registered as a partnership firm or a...

Mehul Shah - May 21, 2024

Startups

RELIEF FOR STARTUPS IN INTERIM BUDGET 2024

On 1st February, Finance Minister Nirmala Sitharaman introduced the Interim Budget 2024 in Parliament. An important feature is the deadline for the incorporation of Startup LLP/Company to qualify for the Section 80IAC exemption under...

Mehul Shah - February 22, 2024