Good news for Startups, e -Portal will be launched in Chandigarh -Chandigarh soon to launch the e portal for benefits

Good news for those who start a start in Chandigarh. The administration will start an e-portal next month, which will offer youth to the youth under the initial policy. Notice of the initial policy was issued on April 29. After the start of the portal, startups will receive many benefits in terms of the policy such as exemption from income tax. The administration focuses on creating a favorable environment for startups. Rajesh Dhala, Chandigarh. There is a relief news for those who start at the beginning that the administration has prepared the e -Portal. The final trial is underway. The portal will be launched next month, in which the youth can apply to get facilities under the policy. Remove ad, just read the news, know that the administration issued a notice of the starting policy on April 29. Industry Secretary Nishant Yadav also held a meeting with officials on the portal last week. At this time, the focus of the administration is to create a city environment in the direction of Startups. The facilities and benefits established under the policy only after the portal has begun. He will begin to start the youth. The youth are now waiting for the portal to start after the initial policy. According to the administration, the release of income tax for three years can take an exemption of three years in income tax during ten years starting. The last date for the formation of startups for this benefit in budget 2025 was expanded to 31 March 2030. The policy monitoring and implementation committee was established to effectively implement the policy. The task of this committee must be approved to the selected commencement and incubator. In addition, startup cells will be set up. A high -level committee was established chaired by the general secretary to execute the beginner’s policy. It also includes industry secretary, starting experts, finance experts, educational institutions and representatives of the incubator. Startup festivals are also held every year, the new idea will be promoted by the administration from space to award. For this, a Government Start Festival will also be arranged to increase the celebrations of the youth each year. In general, a fund of 24.6 crore is set for startups. A special fund of 10 crore is held each year for the implementation of the policy. If a fraud or complaint comes against a start, an investigation by a high -level committee will be taken. After ten years or the annual turnover over 100 crores, the status of the boot will be eliminated. 50 Lakh will be helped for upgrading technology, an incubator of government and private universities will be helped up to 25 percent of the project costs or maximum 30 lakh (government) and 20 lakh (private) for technology upgrade. Each incubator receives an annual award of 7.5 lakhs for operational expenses. A 5 Lakh ban has been placed for the annual Startups Mentoring Program. Each incubator gets 7.5 lakh for operating expenses and 5 lakh annual mentoring programs. Marked spaces supported by the government will be marked as a preferred workplace for startups.