Prime Minster #NarendraModi Launched
#StartUpIndia_StandUpIndia
Here are Highlights for Start-ups
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*Starting a Startup in 1 day Through a Mobile App
* 80% rebate on filing of patent applications by startups
* Rs 10,000 crore Fund of Funds for funding support
*Tax Exemption to Startups for 3 Years (for startups registering after April 1, 2016)
* Tax Exemption on Capital Gains
* Tax Exemption on Investment at Fair Market Value
* No government inspection for 3 years for newly-formed start-ups
* Compliance Regime based on Self-certification
* Startup India Hub- A single point of contact for the entire startup ecosystem
* Fast track mechanism of Startup patent applications
* Panel of facilitators to provide legal support and assist in filing of patent applications
* Relaxed Norms of Public Procurement for Startups
*Faster Exit for Startups
