https://www.taxtmi.com/news?id=18084 The Startup definition is amended: the age threshold for qualifying as a Startup is extended with a longer special period for biotechnology entities; the requirement for a letter of recommendation from an incubator or industry association for recognition or tax benefits is removed; and the definition is broadened to include business models with scalability demonstrating potential for employment generation and wealth creation. en-us Fri, 26 May 2017 09:41:30 +0530 Fri, 26 May 2017 09:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=18084 The Startup definition is amended: the age threshold for qualifying as a Startup is extended with a longer special period for biotechnology entities; the requirement for a letter of recommendation from an incubator or industry association for recognition or tax benefits is removed; and the definition is broadened to include business models with scalability demonstrating potential for employment generation and wealth creation. News - Fri, 26 May 2017 09:41:30 +0530 https://www.taxtmi.com/news?id=18084