Tax exemption under Section 80IAC is a significant benefit for startups in India, as it can help them reduce their tax liability and reinvest the savings into their business. However, it is important to note that the approval for tax exemption is discretionary and based on the evaluation of the startup's concept, innovativeness, scalability, and potential for growth and employment generation. Therefore, it is crucial for startups to put together a compelling pitch deck and video that highlights their strengths and potential.
At SetIndiaBiz, we understand the importance of tax exemption for startups and offer an all-inclusive package to help startups obtain DPIIT recognition and tax exemption under Section 80IAC. Our team of experts can guide you through the process and ensure that you submit all the necessary documents and information in a timely manner. We strive to complete the process within the committed timeline and request your cooperation in arranging the information and documents necessary for getting the DPIIT recognition.