Startup India

Startup India is a scheme of the Government of India. It was announced by Prime Minister, Narendra Modi during his speech on 15 August 2015. ‘Startup India Campaign’ boost startup talent in India by providing tax exemptions with the condition. These benefits are available to new startups only. Existing businesses for more than 10 years cannot claim this benefit.
According to the startup India plan, all eligible entities under this scheme will get 3 consecutive years tax holiday on profits earned.