Startup India 80-IAC Tax Benefits
Avail Income Tax exemptions for your startup and accelerate growth with government support.
Eligibility for 80-IAC Benefits
Company Type
Private Limited Company or LLP recognized as a startup by DPIIT.
Startup Age
Should be less than 10 years from incorporation.
Profitability
Eligible for exemption on profits earned for 3 consecutive years.
Innovation
Must be engaged in an innovative business model or service.
Benefits Under Section 80-IAC
Income Tax Exemption
100% tax exemption on profits for 3 consecutive years.
Capital Gains
Exemption from capital gains tax for eligible startups.
Growth Support
Tax savings help increase investment in business growth and expansion.
Government Recognition
Enhanced credibility for fundraising and partnerships.
How to Avail 80-IAC Benefits
- Ensure your startup has **DPIIT recognition**.
- Maintain proper **financial statements** and documentation.
- File income tax returns claiming exemption under **Section 80-IAC**.
- Submit required documents if requested by the Income Tax Department.
- Consult with a tax advisor for compliance and verification.
