DIPP in touch with Corporate Affairs Ministry to update start-up rules

Start-up India Action Plan announced tax exemptions for start-ups, incubators, research parks

The Commerce and Industry Ministry is in touch with the Ministry of Corporate Affairs (MCA) to update the rules for start-ups in line with the government's Start-up India action plan.

The Department of Industrial Policy and Promotion (DIPP), which is the overseeing authority on industrial rules regarding start-ups in the country, had written to the MCA to update company rules and regulations in line with key decisions taken with regards to start-ups.

The Start-up India Action plan, launched back in January 2016 incorporates the DIPP's rules regarding such companies. In line with its focus on ease of doing business, the