Income tax benefits granted to 2,975 recognised startups: DPIIT

The Department for Promotion of Industry and Internal Trade (DPIIT) had recognised 1,17,254 startups under Startup India till December 31 last year, with 2,975 of them granted income tax exemptions, a senior official said on Monday.

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DPIIT Joint Secretary Sanjiv highlighted that after benefiting from income tax exemptions, the growth in startups, rose from 1,100 in March 2023 to 2,975 by the year-end.

Read more at: The Print

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