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Startup policy will be how effective!

Discussion in 'Stock Market Discussions' started by Capitalstars King, Jan 19, 2016.

  1. Capitalstars King

    Capitalstars King New Member

    Sep 11, 2015
    Likes Received:
    Vijay Nagar, INDORE – 452010 M. P. India
    If a startup is doing or thinking about it then there were once the news
    India Action Plan for new business startup, even if it has made good mood. But it left many questions are still the fine prints. Neither was clear definition of startup, nor tax holiday proposal made attractive. New entrepreneurs claim to all the problems with the startup of India launch policy has come into question. The policy states that the tax on profits of up to 3 years will not start, but the truth is that startup takes advantage to earn on average 3 to 5 years.

    At least 3 years of start-ups is a big demand for service tax and VAT exemption, which was not mentioned in the policy. The proposed exemption would be entitled to the same start-ups in the policy, which will recognize an inter-ministerial board. The minimum claim of governance was also air-dry.

    Overseas companies registered in the action plan also has no plans to bring back. With regard to the definition of start-ups is also not clear. The startup ecosystem is awaiting budget, the policy will be cleaning the larger.

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