From providing tax exemption to start-ups to setting up a corpus fins to enable the new firm start business with ease, Prime Minister Narendra Modi unviled an array of incentives while kick-starting his pet project: Start-Up India. Here are the top 10 take-aways from the PM's speech that cheered the start-ups in the arena.
| 1 | Tax exemption for start-ups for three years. |
| 2 | Rs. 10,000 crore corpus fund to support start-ups. |
| 3 | Capital gains tax to be exempted for venture capital investments. |
| 4 | 80% reduction in patent registration fee. |
| 5 | Govt. to ensure 90-day window for start-ups to close businesses. |
| 6 | Self-certification compliance for start-ups across India. |
| 7 | No government inspection for three years for newly-formed start-ups. |
| 8 | New scheme to provide IPR protection to start-ups and new firms. |
| 9 | Innovation programme to start 5 lakh schools to target 10 lakh children. |
| 10 | Government is all set to launch an app to create a platform for interaction with start-ups |
