Government Startup Scheme Finder

DPIIT recognition is granted to entities incorporated as private limited companies, LLPs, or registered partnership firms: ≤10 years old, turnover ≤ ₹100 Cr in any year, working towards innovation/scalable model. Benefits include the 3-year income tax exemption (Section 80-IAC) and regulatory relaxations; the former angel tax exemption is now moot, as s.56(2)(viib) was omitted by the Finance (No. 2) Act 2024 w.e.f. AY 2025-26. Source: DPIIT Gazette Notification, Feb 19, 2019.

Eligible startups can claim 100% income tax deduction for 3 consecutive years out of the first 10 years after incorporation, under Section 80-IAC. Requires DPIIT recognition and IMB/DIPP certification. Net income must be from eligible business. Source: Section 80-IAC, Income Tax Act.

Angel tax (Section 56(2)(viib), Income-tax Act 1961) taxed the excess of share issuance price over FMV as income in the hands of the issuing company. It was omitted by the Finance (No. 2) Act 2024 with effect from AY 2025-26, so shares issued on or after 1 April 2024 attract no angel tax. Before the omission, DPIIT-recognised startups could claim exemption by filing Form 2 (self-declaration) subject to conditions — that route now matters only for open assessments of earlier years. Source: s.56(2)(viib); Finance (No. 2) Act 2024; DPIIT notification G.S.R. 127(E).

Yes. DPIIT-recognised startups can access the Fund of Funds for Startups (FFS) managed by SIDBI (₹10,000 Cr corpus), State-level startup funds, and grants from sectoral ministries (MEITY, DST, etc.) without needing collateral. Source: SIDBI FFS scheme; Startup India Action Plan.

DPIIT-recognised startups can self-certify compliance with 9 labour laws and 3 environmental laws for 3–5 years from incorporation — no inspections during this period. Source: Startup India Notification, 2016; Ministry of Labour & Employment circular.