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GS3 · Startups

187 startups get 80-IAC relief

1 min readTaxation & GST
Battle IAS current affairs title card: 187 startups get 80-IAC relief (GS3 · Startups, 15 May 2025)

What happened

  • DPIIT approved 187 startups for 80-IAC income tax exemption [PIB].

Background

  • 100% deduction for any three years in ten [PIB].

Why it matters

  • Tax holidays help early cash.

How to use this in Mains

GS-III Startups

  1. As per PIB (2025-05-15): DPIIT approved 187 startups for 80-IAC income tax exemption.
  2. Tax holidays help early cash.
Quotable data point

DPIIT approved 187 startups for 80-IAC income tax exemption.

PIB: 80-IAC startups, 15 May 2025

Exam angle

UPSC

Prelims: 80-IAC.

Practice MCQs

Original practice questions (not PYQs).

Practice · UPSC

80-IAC deduction

Answer (b) & explanation

PIB.

Go deeper

ExplainerGoods and Services Tax (GST): 101st Amendment, CGST, SGST and IGST, GST Council, Rate Structure, Compensation and Issues (UPSC Notes + PYQs)

Official source: PIB: 80-IAC startups, 15 May 2025

facts from cited sources only; faculty review pending