Startup company

1) You Can refer section 80 IAC of the income tax act 1961  in detail , for Income tax exemption under certain Conditions  for Start  ups . You have check all condtions and eligibility . 

Also refer section 54EE capital Gain tax  exemption , if  invested in Govt fund 

2) Under GST Act , export is Zero ,rated supply, you either pay GST and Claim refund, or Export with LUT ( Letter of Undertaking) without payment of GST . 

Take more Opinion on this. 

If your PVT ltd  company  is eligible and fulfill all conditions  under 80IAC of the income tax act  , then you have to  registered your  PVT  Ltd co  on DPIIT  Start up India  portal , after registartion ,  apply for  DPIIT ( Department  for industrial policy & pramotion )  recognition ,  then  access the 80IAC  exemption form here ,  fill up the form and  upload requried documents . 

🎯 Eligibility for Startup India Benefits

You must first obtain DPIIT recognition as a startup. The main eligibility conditions are:

• A private limited company (yes, yours is).

• Incorporated on or after 1 April 2016 and within 10 years of incorporation (new company, check).

• Annual turnover ≤ ₹100 crore in any preceding financial year en.wikipedia.org+10startupindia.gov.in+10startupindia.gov.in+10.

• Should be innovative or scalable, not formed by splitting or reconstruction restthecase.com+2startupindia.gov.in+2taxsummaries.pwc.com+2.

Process: Register on the NSWS (Startup India portal), apply for DPIIT recognition, and maintain documents proving innovation and scalability indiafilings.com+11startupindia.gov.in+11restthecase.com+11.

💰 Tax Benefits Available

1. Income‑tax Holiday under Section 80‑IAC

• After DPIIT recognition, apply with the Inter‑Ministerial Board (IMB).

• Offers 100% exemption on profits for any 3 consecutive years out of the first 10 years startupindia.gov.in+6startupindia.gov.in+6restthecase.com+6.

• Enables reinvestment of profits into growth, R&D, or hiring.

2. Angel‑Tax Exemption under Section 56(2)(viib)

• If equity investments (share premium) ≤ ₹25 crore post-issue, DPIIT-recognised startups get full exemption from Angel tax thesynerg.com+13restthecase.com+13fibre2fashion.com+13egniol.co.in+6startupindia.gov.in+6restthecase.com+6.

3. GST Exemption on Exports

• Garment exports are treated as zero-rated supplies.

  • Either export under LUT (Letter of Undertaking) without paying GST, or

  • Pay and refund claim later caclubindia.com+1reuters.com+1.

4. Export‑Support Schemes

• You can claim RoDTEP benefits, as it's been reinstated for textiles from June 1, 2025, reimbursing embedded taxes e-startupindia.com+2reuters.com+2en.wikipedia.org+2.

• Long-term: eligible for PLI (Production-Linked Incentive) once schemes expand to smaller textile manufacturers reuters.com.

🏭 Special Considerations for Your Setup

1. Manufacturing on Rented Building + New Machinery

   • Section 80‑IAC doesn’t restrict rented premises or purchase of new machines—completely fine.

2. Export‑oriented

   • Your export focus makes you eligible for both GST zero rating and RoDTEP.

3. Employment of ~250 female workers

   • While laudable, direct Startup scheme tax breaks don’t include extra incentives for female workforce. However, state-specific schemes may offer additional benefits—you could explore those with local labor or MSME departments.