Does DPIIT recognition give me tax exemption automatically?

Name: Vijay R Singh & Co.
Address: Office No. 4, Vishal CHSL, D Wing, Sir Mathuradas Vasanji Road, Azad Nagar, Opp. Andheri Gymkhana, Andheri East, Maharashtra, 400069, IN
Telephone: +91 98607 23959

CA Vijay R Singh, FCA
Chartered Accountant · ICAI M.No. 153926 · FRN 136869W

Short answerNo. DPIIT recognition by itself doesn’t give you a tax holiday. It makes you eligible to apply for the 80-IAC exemption, which is a separate application approved by the Inter-Ministerial Board. Recognition does, however, directly give you angel-tax relief on share premium.

Recognition vs the tax holiday

The 80-IAC tax holiday is a second, separate step — you apply for it after recognition and it must be approved by the IMB.

What recognition gives you straight away

Angel-tax relief on share premium and self-certification under labour and environment laws apply from recognition itself.

NRI Taxation

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This answer is general information for NRIs, not tax advice. Tax rates, thresholds and forms change with each Finance Act — please confirm the current position for your own facts, or speak to us, before acting.