DPIIT – Certificate of Recognition – Received on 13-12-2021

Today (13/12/2021) is great day for Pratihar Fitness Private Limited (PFPL). PFPL received Certificate of Recognition from Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry, Government of India. It is basically #StartUpIndia recognition. Besides Seed capital and other financial benefits, below are the various initiatives and benefits offered by Startup India:

• Intellectual Property Rights (IPR) benefits – Fast tracking, rebate on applications, etc.
• Fund of Funds for Startups (FFS)
• Self-Certification under Labour and Environmental laws
• Tax Exemption for 3 years under Section-80IAC of the Income Tax Act
• Exemption on Investments above Fair Market Value under Section 56(2) (viib) of the Income Tax Act
• Relaxation in public procurement norms
• Faster Exit for Startups
• Seed Fund Scheme
• Startup India Hub – A one stop network for entire Startup ecosystem