Highlights of Start Ups India Action Plan

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# Compliance Regime based on Self-Certification

# Rolling-out of Mobile App and Portal & Hassle Free Registration

# No Labour Inspection for initial 3 years

# Providing Funding Support through a Fund of Funds with a Corpus of Rs. 10,000 Crores

# Credit Guarantee Fund for Start Ups with corpus of Rs. 500 crore

# 80% Rebate on Patent Application and Fast-tracking Patent Examination

# Income tax relief for first 3 years

# Exemption from Capital Gain Tax

# Tax Exemption on Investments above Fair Market Value

# Organizing Startup Fests for Showcasing Innovation and Providing a Collaboration Platform

# Launch of Atal Innovation Mission (AIM) with Self-Employment and Talent Utilization (SETU) Program

# Easy exit with the help of proposed Bankruptcy Code

# Incubation centres to support Start ups across the country

# Building Innovation Centres at National Institutes

# Promoting Startups in the Biotechnology Sector

# Launching of Innovation Focused Programs for Students

# Relaxed Norms of public procurement for start up

 

 

DETAILED START UP INDIA ACTION PLAN

 

 

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