Emerging in a developed country, “startup India” aims at promoting and growth of startups for drive in the growth of sustainable development and growth in the economy, and the Government has provided various Schemes for startups by offering loans at reasonable rates development of business provide tax exemption on startups etc. In this paper, we talk about principles of registration, exemptions, and challenges, facing the challenges various schemes given by the government of India. In today’s scenario, around 50000’s startups started in India; according to reports in 2018 and 2021, a very huge response has been coming to start their own startup. For example, many people leave their own job from their companies and start their own startups like UDAAN, FLIPKART, BOAT, BHARATPE, OYO, ETC.
