Napkin definition
Section 80-IAC of the Income-tax Act can allow eligible DPIIT-recognised startups to claim a deduction of profits for a limited number of years, subject to conditions and approvals.
Change the lens
Like I'm 5™ is your default. Curious how an investor or beginner would put this?
Try “Like I'm 5™” for a picture-book version - not the grown-up wording above.