
Start-Up Definition
To bring uniformity in the identified enterprises, an entity shall be considered as a 'startup'-
Provided that any such entity formed by splitting up or reconstruction of a business already in existence shall not be considered a 'startup',
Provided further that in order to obtain tax benefits a startup so identified under the above definition shall be required to obtain a certificate of an eligible business from SLIC (State Level Innovation Council) or GoI.
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