Live
- PM Modi has already scored a century in first two phases of LS polls: Amit Shah
- Mamata expresses apprehension of division of anti-BJP votes in Bengal
- Rains likely in Andhra Pradesh for next three days
- BSF seizes heroin close to Pak border in Punjab
- India unstoppable under 'visionary' PM Modi: Rajnath Singh
- SP has already accepted defeat even before the battle is over: Yogi Adityanath
- 'Shehzada insulted Indian kings and emperors but forgot Aurangzeb's atrocities', PM Modi slams Rahul Gandhi
- Despite having a woman CM, females in West Bengal most unsafe: JP Nadda
- Lives of daughters like Neha don’t matter to Congress, says PM Modi on K’taka student murder case
- BJD and BJP are working together, says Rahul
Govt identifies 1.14 lakh startups
New Delhi: The government has recognised 1,14,902 entities as startups as on October 31, Parliament was informed on Wednesday.These eligible firms are...
New Delhi: The government has recognised 1,14,902 entities as startups as on October 31, Parliament was informed on Wednesday.
These eligible firms are allowed to seek fiscal incentives under the Startup India Action Plan, which was launched in January 2016, and that includes Income-Tax exemption for three years.
Replying to a question in the Lok Sabha, Commerce and Industry Piyush Goyal said the action plan includes 19 items spanning across areas such as simplification and handholding, funding support and incentives and industry-academia partnership and incubation.
The Department for Promotion of Industry and Internal Trade (DPIIT) has recognised 1,14,902 entities as startups as on October 31, 2023,” he said.
Replying to a separate question, Minister of State (MoS) for Commerce and Industry Anupriya Patel said subdued demand in major export destinations such as the US, Hong Kong, the Middle East and China and availability of raw materials at competitive rates were some of the challenges faced by the gems and jewellery export industry.
