{"id":85743,"date":"2019-02-20T16:39:29","date_gmt":"2019-02-20T11:09:29","guid":{"rendered":"http:\/\/factly.forumias.com\/?p=968"},"modified":"2019-02-20T16:39:29","modified_gmt":"2019-02-20T11:09:29","slug":"968-2","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/968-2\/","title":{"rendered":"Govt relaxes norms for startups"},"content":{"rendered":"\n<ol class=\"wp-block-list\"><li>The government has relaxed the norms under the definition of Start-Ups. <\/li><li>The changes brought in are: (a) The investment limit of angel investors to seek exemption under the Income Tax Act, 1961&nbsp;has been increased to Rs 25 crore from 10 Crore. (b) An entity shall be considered as a startup up to 10 years from its date of incorporation instead of the previous period of 7 years and (c) An entity will be considered a startup up to a turnover of Rs 100 crore as against the earlier limit of Rs 25 crore.<\/li><li>These relaxation\u2019s will give boost to the start up ecosystem and ease of doing business in India.<\/li><\/ol>\n","protected":false},"excerpt":{"rendered":"<p>The government has relaxed the norms under the definition of Start-Ups. The changes brought in are: (a) The investment limit of angel investors to seek exemption under the Income Tax Act, 1961&nbsp;has been increased to Rs 25 crore from 10 Crore. (b) An entity shall be considered as a startup up to 10 years from&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/968-2\/\">Continue reading <span class=\"screen-reader-text\">Govt relaxes norms for startups<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3127],"tags":[3129],"class_list":["post-85743","post","type-post","status-publish","format-standard","hentry","category-economy","tag-startups","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704857547},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/85743","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=85743"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/85743\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=85743"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=85743"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=85743"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}