https://www.taxtmi.com/article/detailed?id=8966 Eligibility requires recent incorporation in India, turnover below the prescribed cap, innovation/IP focus, no business reconstruction, certification by an Inter Ministerial Board, and specified entity forms. Principal tax benefits include a three year tax holiday within a seven year block, long term capital gains exemption for investment in notified funds with a multi year lock in, exemption for investments made above fair market value by certain investors, extension of investment linked long term capital gains exemption to startups with share and asset retention conditions, and relaxation of shareholding continuity rules for carryforward of losses. en-us Mon, 24 Feb 2020 09:48:09 +0530 Mon, 24 Feb 2020 09:48:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8966 Eligibility requires recent incorporation in India, turnover below the prescribed cap, innovation/IP focus, no business reconstruction, certification by an Inter Ministerial Board, and specified entity forms. Principal tax benefits include a three year tax holiday within a seven year block, long term capital gains exemption for investment in notified funds with a multi year lock in, exemption for investments made above fair market value by certain investors, extension of investment linked long term capital gains exemption to startups with share and asset retention conditions, and relaxation of shareholding continuity rules for carryforward of losses. Articles Other Topics Mon, 24 Feb 2020 09:48:09 +0530 https://www.taxtmi.com/article/detailed?id=8966