Startup Benefits & DPIIT
Recognition in Mohali
Unlock tax exemptions, government subsidies, and exclusive startup benefits — with expert guidance from CA Ankush Garg.
India’s Startup India initiative offers some of the most powerful benefits available to new businesses — including 3 years of complete income tax exemption, access to government tenders, fast-track patent processing, and much more. But most startups miss out because they don’t know the eligibility criteria, the correct registration process, or how to apply for specific benefits. CA Ankush Garg guides you through every step — from DPIIT recognition to tax exemption under Section 80IAC.
What is DPIIT Recognition?
DPIIT (Department for Promotion of Industry and Internal Trade) recognition is the official government certification that classifies your business as a ‘Startup’ under the Startup India programme. Without this recognition, you cannot access any of the startup benefits offered by the Government of India.
DPIIT recognition is available through the Startup India portal (startupindia.gov.in) and is completely free of cost — but the eligibility conditions and documentation must be carefully met.
Eligibility for DPIIT Recognition
- Business type - Private Limited Company, LLP, or Registered Partnership Firm only
- Age of entity - Not more than 10 years from date of incorporation
- Annual turnover - Less than Rs. 100 crore in any financial year since incorporation
- Nature of business - Working towards innovation, development, or improvement of products/services; not a simple split-up or reconstruction
- Incorporated in - India
Key Benefits of DPIIT Recognition
1. Income tax exemption — Section 80IAC
This is the most significant startup benefit. Under Section 80IAC, a DPIIT-recognized startup incorporated between April 1, 2016 and March 31, 2025 can claim a 100% deduction on profits for 3 consecutive years out of the first 10 years. This effectively means zero income tax for 3 years.
Condition Approved by the Inter-Ministerial Board (IMB) — CA Ankush Garg prepares and files the complete 80IAC application on your behalf.
2. Angel tax exemption — Section 56(2)(viib)
DPIIT-recognized startups are exempt from the ‘angel tax’ — the tax on the premium received on share issuance above fair market value. This is critical for startups raising funding from angel investors.
3. Self-certification under labour & environmental laws
Startups can self-certify compliance under 6 labour laws and 3 environmental laws for 3–5 years from incorporation — reducing the burden of inspections and regulatory scrutiny.
4. Fast-track patent processing & fee concession
DPIIT-recognized startups get an 80% rebate on patent filing fees and fast-track examination — reducing years of wait to months.
5. Government tender eligibility
Startups recognized by DPIIT are exempt from the ‘prior experience’ and ‘prior turnover’ requirements in government tenders — opening up significant business opportunities.
6. Easy winding up
DPIIT-recognized startups can wind up operations within 90 days under the Insolvency and Bankruptcy Code — compared to years for regular companies.
7. State-level startup benefits
Punjab and Haryana offer additional startup benefits to DPIIT-recognized entities — including subsidies, incubation support, and seed funding. We identify and apply for all relevant state schemes on your behalf.
Other Startup Registrations We Handle
- Startup India registration - on the Startup India portal (prerequisite for all benefits)
- MSME / Udyam registration - priority lending, government scheme access, collateral-free loans
- Startup Punjab registration - state-level startup ecosystem benefits
- Atal Innovation Mission (AIM) - incubation and support programs
- SIDBI startup schemes - seed capital and early-stage funding support
- GeM portal registration - Government e-Marketplace for selling to government buyers
Our Startup Advisory Process
- 1. Eligibility check – We assess your entity structure, age, and business nature against DPIIT criteria
- 2. Document preparation – Certificate of Incorporation, PAN, pitch deck, and business description
- 3. DPIIT application – Filed on Startup India portal; recognition typically within 2–10 working days
- 4. 80IAC application - Prepared and filed with CBDT/IMB for the 3-year tax holiday
- 5. Angel tax exemption - Documentation and Form 2 preparation for investor rounds
- 6. State scheme applications - Punjab/Haryana startup schemes, subsidies, and incubation programs
Frequently Asked Questions
Is DPIIT recognition the same as Startup India registration?
Yes — DPIIT recognition is granted through the Startup India portal and the terms are often used interchangeably. The recognition certificate is issued by DPIIT.
Can a proprietorship or partnership apply for DPIIT recognition?
No — only Private Limited Companies, LLPs, and Registered Partnership Firms are eligible. If you’re a proprietorship, we can first convert you to an eligible structure.
How long does 80IAC approval take?
The IMB reviews 80IAC applications periodically. The process typically takes 3–6 months. We prepare a strong application to maximize your chances of approval.
Is there a fee for DPIIT recognition?
No — DPIIT recognition through the Startup India portal is completely free. Our professional fee covers the preparation, filing, and follow-up.
What is the last date for incorporation to claim 80IAC?
As per current provisions, entities incorporated on or before March 31, 2025 are eligible. Budget announcements may extend this — we keep you updated.