Start Your Profitable Business With Startup India Scheme | Startup India 2024 | Entrepreneur Guide
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- Опубліковано 24 тра 2024
- Do you want to start your own business?
Although, you are stepping back due to lack of sufficient funding. Let me tell you that the Indian government has launched a scheme, called Startup India scheme.
This scheme was initiated on 16th January, 2016 by the Indian government for the purpose of empowering entrepreneurs. This scheme will help the Indian entrepreneurs to attain funding of upto 20 lakhs. Additionally, the entrepreneurs can also gain various other benefits with the help of this scheme.
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Let us find it out:
Tax benefits - You can gain tax benefit for upto 3 years within the first 10 years of commencement of business.
Less interest rate - You can also get loans at relatively low interest rates in comparison to various other banks
However, there are significant criterias you need to fulfill to get this benefit:
Criteria I:
If you want to get the tax benefit then the age of company should not be more than 10 years
If you want to apply for the Startup India seedfund scheme, then the incorporation age of your company should not be more than 2 years
Criteria II:
The annual turnover of your company should not be more than Rs. 100 crores
Criteria III:
Company has to deal with trading or services along with innovative and high employment generation plan
Criteria IV:
Company has to be certified from DPIT (Department of Promotion of Industry & Internal Trade)
Check out the full video to learn more.
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Very detailed information very good
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