Tax Exemption for Startups under Section 80IAC Noida
Free
- Location: Noida City, Noida, Uttar Pradesh, India
Under the Startup India Scheme, Section 80IAC of the Income Tax Act offers tax exemptions to eligible startups for three consecutive years within the first ten years of their establishment. This relief is aimed at easing the financial burden during the early stages of business operations.
Startups recognized by the Department for Promotion of Industry and Internal Trade (DPIIT) can apply for this benefit. The exemption allows for 100% tax relief on profits, helping startups retain more capital for reinvestment. Our services assist in obtaining this tax exemption, ensuring a smooth online application process for companies, LLPs, and firms.
Useful information
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