section80IAC

The Startup India Scheme and Section 80-IAC Tax Exemption

The entrepreneurial spirit in India is flourishing like never before. With innovation and ambition at its core, the government has launched initiatives to empower new entrepreneurs. A key initiative is the Startup India Scheme....

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...

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...

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