Highlights of Startup India Action Plan

  1. Compliance Regime based on Self-certification
  2. Startup India Hub – A single point of contact for the entire startup ecosystem
  3. Rolling out of a Mobile App & Portal – Starting a Startup in 1 day
  4. Fast track mechanism of Startup patent applications
  5. Relaxed Norms of Public Procurement for Startups
  6. Faster Exit for Startups
  7. Rs 10,000 crore Fund of Funds for funding support
  8. Credit Guarantee Fund for Startups
  9. Startups will not be charged capital gains tax for venture investments.
  10. Startups will be exempted from paying income tax for first three years.
  11. Tax Exemption on Investment above Fair Market Value
  12. Organising Startup Fests for Showcasing Innovation and Providing a Collaboration Platform
  13. Launch of Atal Innovation Mission (AIM) with Self-Employment and Talent Utilisation (SETU) Program
  14. Harnessing Private Sector Expertise for Incubator Setup
  15. Building Innovation Centres at National Institutes
  16. Setting up of 7 New Research Parks Modeled on the Research Park Setup at IIT Madras
  17. Promoting Startups in the Biotechnology Sector
  18. Action plan to bring in new policies to help women entrepreneurs.
  19. Launching Innovation Focused Programs for Students
  20. Annual Incubator Grand Challenge

Fund provide to start business
Startup India: You can register your company under Startup India scheme from this week
Startup India Portal is launched - Register your Startup Now!