Out of these, only 12 are eligible for consideration by the inter-ministerial board for tax benefits, Start-up India tweeted. However, out of these, only 12 are eligible for consideration by the inter-ministerial board for tax benefits, Start up India said. Seven have submitted all documents and are eligible for Start-up India benefits and tax exemption and 106 have submitted all documents but are not eligible for tax exemptions, it said. The inter-ministerial board validates the innovative nature of the business for granting tax related benefits. "Remaining applicants will receive hand holding support from Start-up India Hub," it added.

Source: dna July 03, 2016 03:22 UTC