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What are the Tax Benefits/Incentives in Stand Up India?

By IndianMoney , 6 months ago

1. The applicants will get 80 per centage rebate after filing the patent application form. This can only be filled by startups and the benefits are also more for them as compared to other companies. 2. There is also an inclusion of Credit Guarantee Fund and the entrepreneurs enjoy relaxation in Income tax at least for the first three years. 3. There will be complete relaxation for the entrepreneurs for the Capital Gain Tax. 4. Moreover, for the entities who qualify the program will further enjoy benefits like the redemption of tax on the profits earned. 5. This is to ease the entities during the initial startup phase and that there is no burden of paying heavy costs for taxes.

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