A startup is a newly established business, usually small, started by 1 or a group of individuals. What differentiates it from other new businesses is that a startup offers a new product or service that is not being given elsewhere in the same way. The keyword is innovation. The business either develops a new product/ service or redevelops a current product/service into something better.
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Eligibility to apply for 3 years Income Tax exemption
Eligibility to avail funding from Rs. 10,000 crore FOF scheme
Priority Govt. Tender and Procurement Scheme
No Angel Tax up to Rs. 25 crore funding
Finally, Labour Inspector Raj Gone for Startups
50% discount in Trademark & 80% rebate in Patents fees
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