Benefits of key government services and schemes for startups:
Easy and fast funding: Under the Startup India Seed Fund Scheme (SISFS), government funding is available for prototyping, trials and market entry.
Huge tax exemption: Under the Startup India scheme, income tax exemption and capital gains tax relief are available for the first 3 years.
Intellectual Property (IPR) Rebate: Up to 80% rebate/discount for patent and trademark filing and free assistance from government lawyer.
Easy Compliance: Self-certification facility under labour and environmental laws for 5 years, thereby reducing the burden of inspection.
Government Tenders: Facility to apply for government tenders even without prior experience or turnover.
Easy closure of business: If the business is not successful, the facility of closing the company within 90 days under'fast track' exit
