DPIIT approves 187 startups for tax relief under revised section 80-IAC framework
The decision came during the 80th meeting of the Inter-Ministerial Board (IMB), held on 30th April 2025, the Ministry of Commerce & Industry said in a statement. According to a spokesperson of DPIIT, the tax benefit allows eligible startups a 100 per cent income tax deduction on profits for any three consecutive years within a…