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Tax Exemption for New Startup Company

Allied Laws - Started By: - GR Satishkumar - Dated:- 4-2-2017 Last Replied Date:- 6-2-2017 - Dear ExpertsAs per Budget New Startup Company is Exempt from Tax for 3 years.My query is it is applicable for all new start up companies like Proprietorship, Partnership and Private Limited. and it is applicable to any particular nature of business or any kind of business. If it is applicable to above all Companies and nature of business,we need to take any certificate or confirmation letter from any dep .....

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x benefit will give start-ups more time to reach a stage when they start earning profits before exercising their option for exemption. Start-ups had been complaining that they could not fully use the tax holiday benefit as very few of them started earning profits in the initial years. The other demands from start-ups - which included increasing the number of years of income tax exemption from three years to seven years and pushing back the qualification date before April 1, 2016 - have been larg .....

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