13.3. Technology and Startups

To attract innovation, the state has launched the 'Startup Sandbox' framework for NBR-registered startups with an annual turnover under BDT 100 Crore. Under the framework, startups enjoy a 0% mandatory corporate turnover tax under Section 163(6) and are permitted to carry forward operational losses for up to 9 consecutive assessment years, even under restructured equity, providing major fiscal shielding.