GK Question

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The government body that recognizes startups for tax benefits and regulatory support is ________.

Answer: DPIIT

DPIIT (Department for Promotion of Industry and Internal Trade) recognizes startups under Startup India initiative. Recognized entities avail tax exemptions, easier compliance, and IPR fast-tracking. Recognition requires innovation, scalability, and <10 years since incorporation. Critical for entrepreneurship policy questions.

Topic Indian Tech Startups
Exam Relevance UPSC, SSC, Banking