{"id":8403,"count":1,"description":"

The PM Modi scheme for startups<\/strong>, officially known as the Startup India Initiative<\/strong>, is a flagship program launched by the Government of India to empower new-age entrepreneurs. It focuses on promoting innovation, job creation, and ease of doing business<\/strong>. Through this scheme, startups can access multiple benefits such as tax exemptions, funding support, fast-track patent filing, and simplified compliance<\/strong>. At FilingPoint.com<\/strong>, we help startups register under this initiative and enjoy all government benefits hassle-free.<\/p>\r\n

The Startup India program<\/strong> was introduced in 2016 under the vision of Prime Minister Narendra Modi to build a strong ecosystem for innovation-led businesses. Eligible startups<\/a> must be recognized by the Department for Promotion of Industry and Internal Trade (DPIIT)<\/strong>. Once recognized, they can avail of several benefits like three-year tax holidays<\/strong>, self-certification under nine labour and environmental laws<\/strong>, and access to government-funded incubators and seed funding schemes<\/strong>. For example, a startup in technology or manufacturing can apply for funding under the Fund of Funds for Startups (FFS)<\/strong> managed by SIDBI<\/strong>, which provides capital support to early-stage ventures.<\/p>\r\n

Here\u2019s a quick overview of what you need to benefit from the Startup India scheme<\/strong>:
\u2022 Register your business as a Private Limited Company, LLP, or Partnership Firm<\/strong>
\u2022 Apply for DPIIT Recognition<\/strong> through the Startup India portal
\u2022 Ensure your business is less than 10 years old<\/strong> and has an annual turnover below \u20b9100 crore<\/strong>
\u2022 The entity should work towards innovation, development, or improvement of products or services<\/strong>
\u2022 Once approved, you can apply for tax exemption under Section 80-IAC<\/strong>, reimbursement of patent filing fees<\/strong>, and access to government tenders<\/strong><\/p>\r\n

\u2753 What is the age limit for a company to qualify as a startup?<\/strong>
\ud83d\udc49 The company should not be older than 10 years from its date of incorporation.<\/p>\r\n

\u2753 Can a foreigner apply under Startup India?<\/strong>
\ud83d\udc49 Yes, foreign-owned startups registered in India are eligible if they meet DPIIT criteria.<\/p>\r\n

\u2753 Is there any funding support under this scheme?<\/strong>
\ud83d\udc49 Yes, the Fund of Funds for Startups (FFS)<\/strong> and Startup India Seed Fund Scheme (SISFS)<\/strong> offer financial assistance to innovative startups.<\/p>\r\n

Want to register your startup<\/a> under the PM Modi Startup India Scheme<\/strong> without any confusion? FilingPoint.com<\/strong> helps you with DPIIT recognition, tax exemption filing, and documentation support<\/strong>. Get your Free Startup Checklist<\/strong> and talk to our experts today.<\/p>","link":"https:\/\/filingpoint.com\/consultants\/india\/what-is-the-pm-modi-scheme-for-startups\/","name":"What is the PM Modi scheme for startups?","slug":"what-is-the-pm-modi-scheme-for-startups","taxonomy":"post_tag","meta":[],"yoast_head":"\nWhat is the PM Modi scheme for startups? - Best Company Registration | Tax Filing Services in Chennai, India<\/title>\n<meta name=\"description\" content=\"Call Filing Point 72999-72500. The Best Company Registration, GST, ROC Filing Consultants. What is the PM Modi scheme for startups? in Chennai, Karaikudi, and Coimbatore\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/filingpoint.com\/consultants\/india\/what-is-the-pm-modi-scheme-for-startups\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is the PM Modi scheme for startups? Archives\" \/>\n<meta property=\"og:description\" content=\"Call Filing Point 72999-72500. The Best Company Registration, GST, ROC Filing Consultants. What is the PM Modi scheme for startups? in Chennai, Karaikudi, and Coimbatore\" \/>\n<meta property=\"og:url\" content=\"https:\/\/filingpoint.com\/consultants\/india\/what-is-the-pm-modi-scheme-for-startups\/\" \/>\n<meta property=\"og:site_name\" content=\"Best Company Registration | Tax Filing Services in Chennai, India\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@filingpoint\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"CollectionPage\",\"@id\":\"https:\\\/\\\/filingpoint.com\\\/consultants\\\/india\\\/what-is-the-pm-modi-scheme-for-startups\\\/\",\"url\":\"https:\\\/\\\/filingpoint.com\\\/consultants\\\/india\\\/what-is-the-pm-modi-scheme-for-startups\\\/\",\"name\":\"What is the PM Modi scheme for startups? - Best Company Registration | Tax Filing Services in Chennai, India\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/filingpoint.com\\\/consultants\\\/#website\"},\"description\":\"Call Filing Point 72999-72500. The Best Company Registration, GST, ROC Filing Consultants. What is the PM Modi scheme for startups? in Chennai, Karaikudi, and Coimbatore\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/filingpoint.com\\\/consultants\\\/india\\\/what-is-the-pm-modi-scheme-for-startups\\\/#breadcrumb\"},\"inLanguage\":\"en-US\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/filingpoint.com\\\/consultants\\\/india\\\/what-is-the-pm-modi-scheme-for-startups\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Consultation and Filing\",\"item\":\"https:\\\/\\\/filingpoint.com\\\/consultants\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What is the PM Modi scheme for startups?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/filingpoint.com\\\/consultants\\\/#website\",\"url\":\"https:\\\/\\\/filingpoint.com\\\/consultants\\\/\",\"name\":\"Best Company Registration | Tax Filing Services in Chennai, India\",\"description\":\"FilingPoint - India's Largest Filing Services Provider,offers the Best Registration, Consulting, Auditing, Accounting and Filing Services for Company Formation, Income tax, GST, ROC, Returns filing, Scrutiny. Call (+91) 72999-72500\",\"publisher\":{\"@id\":\"https:\\\/\\\/filingpoint.com\\\/consultants\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/filingpoint.com\\\/consultants\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/filingpoint.com\\\/consultants\\\/#organization\",\"name\":\"FilingPoint.Com\",\"url\":\"https:\\\/\\\/filingpoint.com\\\/consultants\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/filingpoint.com\\\/consultants\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/filingpoint.com\\\/consultants\\\/wp-content\\\/uploads\\\/fplogo.png\",\"contentUrl\":\"https:\\\/\\\/filingpoint.com\\\/consultants\\\/wp-content\\\/uploads\\\/fplogo.png\",\"width\":300,\"height\":85,\"caption\":\"FilingPoint.Com\"},\"image\":{\"@id\":\"https:\\\/\\\/filingpoint.com\\\/consultants\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/facebook.com\\\/filingpoint\",\"https:\\\/\\\/x.com\\\/filingpoint\",\"https:\\\/\\\/youtube.com\\\/filingpoint\"]}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"What is the PM Modi scheme for startups? - Best Company Registration | Tax Filing Services in Chennai, India","description":"Call Filing Point 72999-72500. The Best Company Registration, GST, ROC Filing Consultants. What is the PM Modi scheme for startups? in Chennai, Karaikudi, and Coimbatore","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/filingpoint.com\/consultants\/india\/what-is-the-pm-modi-scheme-for-startups\/","og_locale":"en_US","og_type":"article","og_title":"What is the PM Modi scheme for startups? Archives","og_description":"Call Filing Point 72999-72500. The Best Company Registration, GST, ROC Filing Consultants. What is the PM Modi scheme for startups? in Chennai, Karaikudi, and Coimbatore","og_url":"https:\/\/filingpoint.com\/consultants\/india\/what-is-the-pm-modi-scheme-for-startups\/","og_site_name":"Best Company Registration | Tax Filing Services in Chennai, India","twitter_card":"summary_large_image","twitter_site":"@filingpoint","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"CollectionPage","@id":"https:\/\/filingpoint.com\/consultants\/india\/what-is-the-pm-modi-scheme-for-startups\/","url":"https:\/\/filingpoint.com\/consultants\/india\/what-is-the-pm-modi-scheme-for-startups\/","name":"What is the PM Modi scheme for startups? - Best Company Registration | Tax Filing Services in Chennai, India","isPartOf":{"@id":"https:\/\/filingpoint.com\/consultants\/#website"},"description":"Call Filing Point 72999-72500. The Best Company Registration, GST, ROC Filing Consultants. What is the PM Modi scheme for startups? in Chennai, Karaikudi, and Coimbatore","breadcrumb":{"@id":"https:\/\/filingpoint.com\/consultants\/india\/what-is-the-pm-modi-scheme-for-startups\/#breadcrumb"},"inLanguage":"en-US"},{"@type":"BreadcrumbList","@id":"https:\/\/filingpoint.com\/consultants\/india\/what-is-the-pm-modi-scheme-for-startups\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Consultation and Filing","item":"https:\/\/filingpoint.com\/consultants\/"},{"@type":"ListItem","position":2,"name":"What is the PM Modi scheme for startups?"}]},{"@type":"WebSite","@id":"https:\/\/filingpoint.com\/consultants\/#website","url":"https:\/\/filingpoint.com\/consultants\/","name":"Best Company Registration | Tax Filing Services in Chennai, India","description":"FilingPoint - India's Largest Filing Services Provider,offers the Best Registration, Consulting, Auditing, Accounting and Filing Services for Company Formation, Income tax, GST, ROC, Returns filing, Scrutiny. Call (+91) 72999-72500","publisher":{"@id":"https:\/\/filingpoint.com\/consultants\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/filingpoint.com\/consultants\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/filingpoint.com\/consultants\/#organization","name":"FilingPoint.Com","url":"https:\/\/filingpoint.com\/consultants\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/filingpoint.com\/consultants\/#\/schema\/logo\/image\/","url":"https:\/\/filingpoint.com\/consultants\/wp-content\/uploads\/fplogo.png","contentUrl":"https:\/\/filingpoint.com\/consultants\/wp-content\/uploads\/fplogo.png","width":300,"height":85,"caption":"FilingPoint.Com"},"image":{"@id":"https:\/\/filingpoint.com\/consultants\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/facebook.com\/filingpoint","https:\/\/x.com\/filingpoint","https:\/\/youtube.com\/filingpoint"]}]}},"_links":{"self":[{"href":"https:\/\/filingpoint.com\/consultants\/wp-json\/wp\/v2\/tags\/8403","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/filingpoint.com\/consultants\/wp-json\/wp\/v2\/tags"}],"about":[{"href":"https:\/\/filingpoint.com\/consultants\/wp-json\/wp\/v2\/taxonomies\/post_tag"}],"wp:post_type":[{"href":"https:\/\/filingpoint.com\/consultants\/wp-json\/wp\/v2\/posts?tags=8403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}