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startup india
WHAT IS START UP INDIA AND WHAT ITS BENEFITS ?
JUST4ULOAN.COM IS EXTENDING ITS HELPING HAND IN ORGANIZING COMPLETE ECOSYSTEM FOR
START UPS IN THE COUNTRY BEGINNING WITH SELECTION OF PRODUCT AND TECHNOLOGY, LEGAL
HELP, SUPPORT IN FUND RAISING AND RESOURCE MOBILIZTION FROM VARIOUS AGENCY TO ENSURE
SUCCESSS OF THE VENTURE BUILT ON THE NEW AND INNOVATIVE IDEAS OF ENTERPRENEURS.
ON 16 JANUARY 2016 GOVT OF INDIA ANNOUNCED THE SCHEMES TO PROMOTE START UP ECOSYSTEM
IN INDIA FOR NURTURING INNOVATION AND START UPS IN THE COUNTRY. THE START UP MOVEMENT
COVERS ALL THE SECTORS LIKE DIGITAL TECHNOLOGY, AGRICULTURE, MANUFECTURING, HEALTHCARE,
EDUCATION, AND SOCIAL SECTOR IN EVERY PART OF THE COUNTRY.
HOW THE ACTION PLAN IS DIVIDED ACROSS THE FOLLOWING ?
= SIMPLIFICATION AND HAND HOLDING.
=FUNDING SUPPORT AND INCENTIVE.
=INDUSTRY ACADENMIC PARTNERSHIP AND INCUBATION.
WHAT DOES START UPS MEAN ?
=AN ENTITY INCORPORATED OR REGISTERED IN INDIA NOT OLDER THAN FIVE YEARS.
=ANNUAL TURNOVER DOES NOT EXCEED INR25 CRORES IN ANY PRECEEDING FINANCIAL YEARS.
=WORKING TOWARDS INNOVATION, DEVELOPMENT, DEPLOYMENT, OR COMMMERCIALIZATION OF
NEW PRODUCTS, PROCESSES, OR SERVICES DRIVEN BY TECHNOLOGY OR INTELLECTUAL PROPERTY.
ITS IMPORTANT TO NOTE THE FOLLOWING POINTS.
=PROVIDED THAT SUCH ENTITY IS NOT FORMED BY SPLITTING UP OR RECONSTRUCTION, OF A BUSINESS
ALREADY IN EXISTANCE.
=PROVIDED FURTHER THAT A START UP SHALL BE ELIGIBLE FOR TAX BENEFITS ONLY AFTER IT HAS
OBTAINED CERTIFICATION FROM THE INTERMINISTRIAL BOARD SET UP FOR THE PURPOSE BY GOI.
JUST4ULOAN.COM FACILITATE TO LINE UP ENTIRE ECOSYSTEM FOR START UPS INCLUDING FINDING
OUT SUITABLE INCUBATOR, ARRANGING FUNDS FROM VARIOUS SOURCES LIKE BANKS,/ SIDBI, NBFC,
INCUBATION FUND, ANGEL FUNDS, PRIVATE EQUITY FUNDS, AND BY WAY OF CROWED FUNDING.
NECCESARY SUPPORTR WILL BE ALSO PROVIDED TO ENSURE THAT ALL BENEFITS AVAILABLE TO START
UPS AS PER GOI POLICY REACHES TO SUCH UNITS INCLUDING TAX BENEFITS.
AS PER DEFINITION
