Title: EVALUATION OF STARTUPS UNDER START-UP INDIA SCHEME
“Start-up-India” is an initiative of Department for Promotion of Industry and Internal Trade (DPIIT), Government of India, designed for fostering innovations, create jobs and facilitate investments. Start-up India receives applications from all over India for getting recognition (as Start-ups) for further availing proposed benefits under this scheme including the three year tax benefits under Section 80IAC.
NRDC has been entrusted by DPIIT to be the technical agency for evaluating/ technically assessing the startup applications for availing the benefits of tax exemption and recommending the eligible start-ups in the Inter-Ministerial Board (IMB) meeting held from time to time.
NRDC has evaluated more than 10,000 startups till the end of F.Y.2022-23 and has recommended more than 1000 startups for availing tax benefits.
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