A government initiative called Startup India offers a slew of advantages.

1. Advantages of Startup India Program by Government The Startup India Scheme, which was launched in 2016, is a government of India initiative. The scheme’s principal goal is to stimulate new businesses, create jobs, and increase wealth. This program has launched several initiatives aimed at strengthening India’s economy and transforming the country. The Department for Promotion of Industry and Internal Trade is in charge of these programs (DPIIT). The government intends to use this effort to encourage Startup businesses to encourage entrepreneurship, wealth creation, and jobs across India, with the primary goal of transforming India into a nation of job creators rather than job applicants. If you’re searching for “Company Registration Near Me,”Tax on Track Solutions can assist you with the Startup India Program registration.

2. Startup India’s Benefits: Financial Assistance The government provides financial assistance to entrepreneurs, with a collection of Rs. 10,000 crores set up for four years (Rs. 2500 each year). The government invests in companies using this money. For the first three years after a startup is established, an income tax- exempt status is offered. Under the Income Tax Act, any shares received by a start-up firm that is worth more than their market price are chargeable to the tax of the beneficiary as additional income. Work Ease The government has established Startup India centers where the formation, licensing, grievances, and other administrative tasks can be conveniently completed. The government has put up an easy-to- use registration system on the web portal, allowing you to enroll from everywhere at any time. According to the Insolvency and Bankruptcy Bill of 2015, the speedy twisty process for companies is facilitated, and a new startup can be established within ninety days of the company’s dissolving. Relaxation of Government Procurement Regulations Startups have been given the chance to sell their goods or services on the Government e-Marketplace platform, which offers an exemption from “prior experience” in exchange for the filing of an Earnest

3. Money Deposit (EMD) to encourage young entrepreneurs and give them an equal chance. Benefits of Intellectual Property Rights Startup India supports new entrepreneurs with the following intellectual property rights perks to encourage them and recognize their business models: • A startup’s patent application is expedited for evaluation and dismissal by the government. • Up to an 80% refund when compared to other organizations who are in the order to file patents. • Entitlement to a 50% discount on mark filing fees when compared to other businesses. • All beginning assistance costs are covered by the federal government. If you need company registration in Dwarka, Tax on Track Solutions is the finest option. Government Assistance When it comes to major projects and high payments, everyone wants a government tender. It is difficult to receive government assistance, but under the Startup India Scheme, startups would be given first

4. preference in obtaining government assistance. The great news is that no prior experience is necessary. Startup India is an excellent chance for companies who wish to grow in the industry. This plan provides numerous benefits while also saving you money on taxes. With the help Of Tax on Track Solutions, a private limited company with the best company registration consultants in Dwarka, you may start your own business. Related Link - https://bit.ly/37MCnaS