Startup Founder Ke Liye GST & Tax Summary
GST Applicable?
✅ Yes — Depends on business (5-28%)
GST mandatory once turnover > ₹20L (₹40L for goods). E-commerce/aggregators: compulsory regardless.
Income Tax
Section 80-IAC: 100% tax deduction for DPIIT-recognized startups for 3 out of 10 years. Section 56(2)(viib) angel tax exemption available.
Mandatory Compliance
✅ DPIIT Startup India Recognition
✅ Annual ROC filing (Form AOC-4, MGT-7)
✅ Director KYC (DIR-3)
✅ GST returns (monthly/quarterly)
✅ TDS returns (24Q, 26Q)
✅ Quarterly advance tax
✅ ESOP valuations (Rule 11UA)
GST Guide for Startup Founder
📋 GST Rate: Depends on business (5-28%) | Threshold: ₹20L (services)
GST registration mandatory ho jaata hai jab Startup Founder ka annual turnover ₹20 lakh cross kare. GST mandatory once turnover > ₹20L (₹40L for goods). E-commerce/aggregators: compulsory regardless.
- Monthly GSTR-3B filing (20th of following month)
- GSTR-1 outward supply details (11th of month)
- Annual GSTR-9 (December 31)
Income Tax for Startup Founder
Section 80-IAC: 100% tax deduction for DPIIT-recognized startups for 3 out of 10 years. Section 56(2)(viib) angel tax exemption available.
CA Services for Startup Founder