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Hey I am on Medial • 21d
Startup Recognition in India ' (under DPIIT – Department for Promotion of Industry and Internal Trade) 🎁 . Benefits After DPIIT Recognition: Tax exemption for 3 years under section 80IAC. Exemption from Angel Tax under section 56(2)(viib). Easier access to government tenders (without prior experience). Fast-track patent filing and IPR support. Access to ₹10,000 crore Startup Fund of Funds (via VCs). Self-certification for 6 labor laws and 3 environmental laws. Easier exit process (fast-track under IBC). Participation in international startup events and Indian govt startup missions.
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