Startup Tax Exemption

This discussion clarifies tax exemptions for private limited manufacturing startups in their R&D phase. It addresses whether companies with no turnover are exempt from GST, TDS, and payroll statutory taxes during their 3-year tax holiday, in addition to income tax and angel tax exemptions. The process involves obtaining a Startup India certificate (also known as DPIIT) through concurrence, project report appraisal, and approval.