https://www.taxtmi.com/notifications?id=143986 An entity qualifies as a startup if within five years of incorporation, below the prescribed turnover ceiling, and engaged in technology or IP-driven innovation or significant improvement of products, processes or services; exclusions include reconstructions of existing businesses and activities lacking commercialization potential. Recognition requires portal-based application with prescribed documentary support or interim arrangements, issuance of a real-time recognition number, certification by an Inter-Ministerial Board for tax benefits, and a penalty for obtaining recognition through missing, different or forged documents. en-us Wed, 17 Feb 2016 00:00:00 +0530 Wed, 06 Aug 2025 16:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=143986 An entity qualifies as a startup if within five years of incorporation, below the prescribed turnover ceiling, and engaged in technology or IP-driven innovation or significant improvement of products, processes or services; exclusions include reconstructions of existing businesses and activities lacking commercialization potential. Recognition requires portal-based application with prescribed documentary support or interim arrangements, issuance of a real-time recognition number, certification by an Inter-Ministerial Board for tax benefits, and a penalty for obtaining recognition through missing, different or forged documents. Notifications Indian Laws Wed, 17 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/notifications?id=143986