The Department for Promotion of Industry and Internal Trade (DPIIT) is inviting startups to explore the benefits of DPIIT recognition. By meeting specific eligibility criteria, startups can gain valuable support under the Startup India initiative, including tax benefits, easier compliance, and government-backed funding opportunities.
DPIIT Recognition Eligibility Criteria:
- Company Age: Must be under 10 years old
- Type: Must be a registered partnership firm, LLP, or private limited company
- Turnover: Should not have exceeded INR 100 crore in any of the past financial years
- Originality & Innovation: Should demonstrate innovative potential in products, services, or processes
Achieving DPIIT recognition enables startups to take advantage of various government schemes designed to foster growth and reduce regulatory burdens. Interested startups are encouraged to review their eligibility and apply to be part of this dynamic ecosystem.
For more information, visit DPIIT.
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