80IAC – Startup Tax Exemption

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Section 80-IAC of the Income Tax Act, 1961 offers a 100% income tax exemption for eligible startups on profits for 3 consecutive years out of their first 10 years of incorporation.

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Section 80-IAC of the Income Tax Act, 1961 offers a 100% income tax exemption for eligible startups on profits for 3 consecutive years out of their first 10 years of incorporation. This benefit is available to startups recognized by DPIIT and helps reduce the tax burden, allowing them to reinvest profits and scale faster.

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