Why STPI Registration is Essential for IT Startups in India?
Software Technology Parks of India or STPI registration is vital for IT startups due to its multiple benefits, including 100% income tax exemption under Section 10A/10B of the Income Tax Act for STPI units. It facilitates the seamless export of IT services with relaxed foreign exchange regulations. STPI units can also access state-of-the-art infrastructure, high-speed data communication facilities, and duty-free import of hardware and software. For more information visit: https://corpbiz.io/stpi-registration