In order to accelerate the spreading of the startup movement in India, the Government had announced an action plan known as the Startup India initiative that addresses all the aspects of startup ecosystems.
source https://www.caclubindia.com/articles/tax-exemptions-available-for-startups-in-india-45739.asp
source https://www.caclubindia.com/articles/tax-exemptions-available-for-startups-in-india-45739.asp
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