The choice got here in the course of the eightieth assembly of the Inter-Ministerial Board (IMB), held on thirtieth April 2025, the Ministry of Commerce & Business mentioned in an announcement.
Based on a spokesperson of DPIIT, the tax profit permits eligible startups a 100 per cent earnings tax deduction on earnings for any three consecutive years inside a ten-year window from the date of incorporation.
The scheme is designed to help rising companies of their early life, encouraging innovation, job creation, and wealth technology.
Of the full approvals, 75 startups have been cleared in the course of the 79th IMB assembly and 112 in the course of the eightieth such assembly. With this, over 3,700 startups have now been granted exemptions for the reason that scheme’s inception.
In a key announcement in the course of the Union Funds 2025-26, the federal government prolonged the eligibility window for startups to say advantages beneath Part 80-IAC. Startups integrated earlier than 1st April 2030 are actually eligible to use, giving extra time and alternative to new ventures to profit from this monetary aid.
Pertinently, the revised analysis framework launched by DPIIT has made the applying course of extra structured and clear. Full functions are actually reviewed inside 120 days, guaranteeing sooner decision-making and lowering procedural delays.
Startups that weren’t authorized within the newest spherical have been inspired to reassess and refine their functions.
The DPIIT has suggested candidates to concentrate on demonstrating technological innovation, market potential, scalability, and a transparent contribution to employment and financial development.
The federal government’s continued help underlines its dedication to fostering a sturdy, future-ready startup surroundings aligned with the imaginative and prescient of a self-reliant and innovation-led New India, the spokesperson mentioned.
Additional info on the tax exemption course of, eligibility standards, and software particulars is on the market on the official Startup India portal, the spokesperson added.