Tax Exemption on Startup Companies in India â...

Tax Exemption on Startup Companies in India – An Overview

Author Name : Karunambigai S , Sandhiya Krishnan S

ABSTRACT The startup environment in India has seen a significant metamorphosis in recent times. India has emerged as a hub for innovation and startups attribute to its expanding economy, friendly regulations, and vibrant entrepreneurial culture.But becoming successful in this sector is harder than it looks. Startups have many challenges, including funding, generating revenue, complying with rules and regulations (such as labour and tax laws), and managing cash flow. This study aims to investigate if startups in India are exempt from paying taxes, does the government assist startups, why do they have to be free from taxes, do all startups receive tax exemptions, and what advantages are extended to companies in other nations?