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    <title>Eligibility criteria for an entity to be considered as Startup w.e.f. 19-2-2019</title>
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    <description>Entities incorporated or registered in India as private limited companies, partnership firms, or limited liability partnerships qualify as Startups if they meet temporal, turnover and innovation/scalability criteria and are not reconstructions of existing businesses. Recognition is granted by DPIIT upon online application with incorporation proof and a business write-up; the Inter-Ministerial Board may issue tax benefit certificates on application. Recognised Startups may obtain exemption from the share-premium taxation provision if they meet a paid-up capital ceiling, avoid specified asset investments for seven years, and file the required declaration; noncompliance permits revocation with retrospective effect.</description>
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      <description>Entities incorporated or registered in India as private limited companies, partnership firms, or limited liability partnerships qualify as Startups if they meet temporal, turnover and innovation/scalability criteria and are not reconstructions of existing businesses. Recognition is granted by DPIIT upon online application with incorporation proof and a business write-up; the Inter-Ministerial Board may issue tax benefit certificates on application. Recognised Startups may obtain exemption from the share-premium taxation provision if they meet a paid-up capital ceiling, avoid specified asset investments for seven years, and file the required declaration; noncompliance permits revocation with retrospective effect.</description>
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