Suresh Prabhu Profile picture
Feb 19, 2019 4 tweets 3 min read
Definition of #Startups has been widened. An entity shall be considered a Startup upto 10 years from its date of incorporation/registration instead of the existing period of 7 years.
#AngelTax @DIPPGOI An entity shall be considered a Startup if its turnover for any of the financial years since its incorporation/registration hasn’t exceeded Rs 100 Crore instead of existing INR 25 Crore. #Startup #AngelTax