4. Growth Scale:

According to the Minimum Alternate Tax (MAT), an unlisted private company needs to pay MAT at 18.5pct of the company is making a substantial amount of income under the Information and Technology act. This badly affects the cash flow of the start ups. Start ups which end up in some profit, ends in a loss after paying this huge chunk and expect the government to look into this by making special provisions. Such feasibility in already implemented systems like Mat will facilitate the start ups to breathe and live their business.

5. Thinking Outside India:

The Software Technology Parks of India (STPI) under the initiative of the Government of India truly made information technology flourish in India. The government should take initiative for such plans or laws in case of the startup industry. These will protect them from all the infrastructural and regulatory hurdles. If on 28^th Feb, Jaitley announces such a scheme, those can be synchronized with the Modi government’s Make in India campaign.

Also Read: 3 Key Tips To Note Before You Begin A Startup

Start Up- The Base Of Your Professional Journey