L2M Rail is recognized by the Department for Promotion of Industry and Internal Trade (DPIIT), Govt. of India, under the  Start-up India initiative.

We are also registered as a ‘Start-up’ with the Karnataka Start-up Cell, Karnataka Biotechnology and Information Technology Services (KBITS), Department of IT, BT and S&T, Government of Karnataka.

L2M Rail is exempted from Angel Tax by the Income Tax Department, Govt. of India. Vide Intimation in F. No. F. No. 173/147/2019-ITA-I dated 17th July 2019, the Central Board of Direct Taxes (CBDT) has communicated that the provisions of clause (viib) of sub-section 2 of Section 56 of the Income-tax Act, 1961 shall not apply to us, irrespective of the dates on which shares are issued by us from the date of our incorporation.