Start up India Scheme for Company Registration
Did you know there were as many as 167,076 startups company registration in India in the financial year 2022? The entrepreneurial spirit is high & the undeniable government support to small businesses through multiple government aid and schemes like DPIIT is what has taken this number so up. I’ll discuss one such scheme in this one blog. What is the Startup India Scheme? Startup India is a flagship programme of the Indian government, which was introduced back in January 2016. It aims to create a robust ecosystem for nurturing startups and their innovative products, in order to achieve long-term economic growth and large-scale employment in India. The scheme’s objective is to provide a number of legal, tax and funding benefits to startups and reduce their cost of compliances. The idea with this is to focus on the growth and expansion of their business in the initial stages of their establishment. There are multiple benefits o...