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Startup Fact #6

Did you know?

Under section 56(2)(VIIb) where a Private limited company receives any consideration for issue of shares which exceeds the Fair Market Value (FMV) of such shares, such excess consideration is taxable in hands of the company under Income from Other Sources.

However, for companies registered under Startup India scheme, there is no such Tax Liability.

Stay Tax proof with .

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For all those people who have been pondering upon the thought of starting a start up, here are the reasons why you should give life to your dream.

Why should you start a Startup? “You can't connect the dots looking forward, you can only connect them looking backwards. So you have to trust that the dots will somehow ...

Startup Fact #5

Did you know?

Exemption is given to persons who have capital gains during the
year, if they have invested such capital gains in the Fund of Funds recognized by the Government.

For any tax related queries, contact PaperWork.

Email - [email protected]

Startup Fact #4

Did you know?

You can wind up your failed startup within 90 days, provided it meets the criteria, to reallocate your capital and resources to a more productive idea.

To check if you meet the criteria, contact PaperWork.

[email protected]

Startup Fact #3

Did you know?

Under startup India initiative, whenever a tender is floated by a Govt. entity or by PSUs, they have to mandatorily procure at least 20% from Micro, Small and Medium Enterprise (MSME).

Have you registered your manufacturing unit under MSME yet?

Contact PaperWork @ [email protected] for your one-stop solutions.

Startup Fact #2

Did you know?

If your startup falls under the 'white category' you can self-certify the required compliances under environmental laws.

Don't give up under the regulatory burdens. Contact us to check if your Startup falls under the 'White category.'

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