Startup india scheme

1. NISHANTH VIJAYAKUMAR

2. Startup india
scheme
• Transforming India into a country of job creators
instead of job seekers with the flagship initiative
called "Startup India". It was launchedon 16th
january by the Government of India.
• The idea mainly focus on building a strong
environment forstartup innovation,entrepreneurship,
and also encourages sustainable economic growth and
create employment.

3. • Eligibility to avail the benefits of the
scheme are:
• The startup must be incorporated as
private limited or partnership firm or LLP as
per the act associated with it.
• All business startups that is in existence for
upto 10 years from the date of their
registration will be eligible.
• Annual turnover should not exceed 100
crores in any past years.
• A business started out by splitting won't be
eligible.
• Startup's developing a new product or
service are eligible.

4. • Benefits of startup India scheme:
• To increase the growth of indian economy, a
host benefits are provided to startups.
• Self certification
• Income tax exemption
• Easy winding up of company
• Simple process
• Startup patent application and IPR protection
• Relaxation in public procurement norms
• SIDBI fundsIndia is booming up powerful
startups from zomato to ola cabs. This scheme
provides immense benefits from tax to
funding. So the entrepreneurs focus on their
core business rather than worrying about
regulatory burden.