Statutory Repository & Regulatory Guide • Est. 1991

Government Schemes, Certifications & Compliances

An executive reference directory of Central Government Incentive Schemes, Chartered Accountant Statutory Certifications (with 18-digit UDIN), and Corporate Regulatory Licenses governing Indian enterprises, MSMEs, startups, exporters, and promoter groups.

1. Central Government Incentive Schemes

Sovereign tax holidays, production-linked incentives, export remissions, and MSME mandates.

Ministry of Commerce / CBDT

DPIIT Startup India (Section 80-IAC)

100% corporate tax exemption for 3 consecutive assessment years out of 10 years for eligible DPIIT startups. Requires statutory application and approval from the Inter-Ministerial Board (IMB).

Eligibility: Incorporated < 10 yrs, Turnover < ₹100 Cr

Statute: Section 80-IAC of Income-tax Act, 1961

Launch Startup Modeler
MeitY / Ministry of Heavy Industries

Production Linked Incentive (PLI)

Financial incentives on incremental sales manufactured in India across 14 key sectors. Mandates Chartered Accountant certification of baseline investments, eligible CAPEX, and incremental turnover.

Deliverable: Statutory CA Audit Certificate with UDIN

Target: Electronics, Pharma, Auto, Solar & Telecom

Scoping Scrutiny
DGFT / Customs

RoDTEP & Export Duty Drawback

Rebate of embedded central, state, and local duties on exported goods via transferable electronic duty credit scrips. Involves FOB calculation auditing and DGFT ledger reconciliations.

Deliverable: RoDTEP Credit Reconciliation & Audit

Target: Manufacturing & Merchandise Exporters

Export Advisory
Ministry of MSME / CBDT

MSME Section 43B(h) & Samadhaan

Statutory disallowance of expenditure for unpaid MSME vendor dues exceeding 45 days (or 15 days without written contract) under Section 43B(h), plus interest computation under MSMED Act, 2006.

Compliance: Form 3CD Clause 22 Tax Audit Reporting

Target: All Buyers Sourcing from Micro & Small Units

Read MSME Guide
IFSCA / Ministry of Finance

GIFT City IFSC Section 80LA

100% tax holiday for 10 consecutive years out of 15 years under Section 80LA for approved IFSC entities, Family Investment Funds (FIF), and Category I/II AIFs in Gandhinagar.

Statute: Section 80LA(2) of Income-tax Act, 1961

Target: Offshore Family Offices & Fund Managers

Explore GIFT City
Direct Tax Incentive

Section 115BAB (15% Corporate Tax)

Concessional base corporate tax rate of 15% (effective ~17.16% including surcharge & cess) for newly set-up domestic manufacturing companies complying with statutory investment conditions.

Statute: Section 115BAB of Income-tax Act, 1961

Target: Green-field Industrial & Manufacturing Units

Explore Tax Advisory

2. Statutory Chartered Accountant Certifications

Independent statutory certifications authenticated with mandatory 18-digit Unique Document Identification Number (UDIN).

Statutory UDIN Attestation

Net Worth Certificates

Statutory Net Worth Statements for individuals, corporate promoters, and companies. Required for Bank Consortium credit facilities, government tender eligibility, overseas immigration visas, and RBI LRS remittances.

Deliverable: Certified Net Worth Report with 18-digit UDIN

Target: Promoters, High Earners, Tender Bidders

Request Net Worth Certificate
Foreign Remittances

Form 15CA & Form 15CB

Statutory CA Certification under Rule 37BB of Income-tax Rules for cross-border foreign remittances, verifying DTAA Double Taxation relief, withholding tax rates u/s 195, and RBI FEMA compliance.

Deliverable: Form 15CB with UDIN & Form 15CA Filing

Target: Importers, Software Exporters, Overseas Investors

Remittance Advisory
GeM & PSU Tenders

Turnover & Capital Certificates

Verification of past 3 to 5 years financial turnover, working capital liquidity, and capital asset investment required for qualifying in Government e-Marketplace (GeM) and PSU enterprise procurement tenders.

Deliverable: Statutory Financial Track Record with UDIN

Target: EPC Contractors, Defense Suppliers, IT Vendors

Tender Scoping
MHA / Foreign Contributions

FCRA Audit Certification (Form FC-4)

Mandatory statutory audit certification of foreign contributions received by NGOs, Section 8 companies, and educational trusts under the Foreign Contribution (Regulation) Act, 2010.

Deliverable: Form FC-4 Audit Report with UDIN

Target: Educational Trusts, NGOs, Research Institutions

Explore Trust Audits
Bank Consortium Audits

Stock & Drawing Power (DP) Audits

Physical stock verification, inventory aging, book debt analysis, and statutory calculation of Drawing Power (DP) for Cash Credit (CC) and Working Capital limits sanctioned by Scheduled Commercial Banks.

Empanelments: C&AG (SPJ-143) • RBI (005536)

Target: Industrial Borrowers & Bank Consortiums

Empanelment Details
Companies Act / Section 56(2)

Rule 11UA & DCF Valuations

Fair Market Value (FMV) determination of unlisted equity shares under Rule 11UA(2) Discounted Free Cash Flow (DCF) method and Net Asset Value (NAV) method for institutional capital rounds and M&A.

Deliverable: Statutory Valuation Report with UDIN

Target: Funded Startups, Acquirers, Joint Ventures

Explore Valuations

3. Corporate Licenses & Regulatory Registrations

Statutory foreign trade, banking identifiers, FEMA cross-border reporting, and employer compliances.

DGFT / Foreign Trade

Import Export Code (IEC) & RCMC

10-digit DGFT Import Export Code issuance, annual IEC profile updates, and Registration-Cum-Membership Certificates (RCMC) with Export Promotion Councils (EEPC, FIEO, APEDA, Pharmexcil).

Authority: Directorate General of Foreign Trade (DGFT)

Target: Merchandise Exporters & Tech Service Providers

Export Regulatory Desk
RBI Banking Mandate

Legal Entity Identifier (LEI Code)

20-digit global Legal Entity Identifier (LEI) registration and annual renewal, mandated by the Reserve Bank of India (RBI) for all entities with banking exposures or RTGS/NEFT payments > ₹50 Crores.

Authority: Legal Entity Identifier India Ltd (LEIL) / CCIL

Target: Large Borrowers, Importers & Listed Entities

LEI Scoping
RBI / FEMA Inbound FDI

RBI FIRMS (Form FC-GPR / FC-TRS)

Single Master Form (SMF) reporting on the RBI FIRMS portal: filing Form FC-GPR within 30 days of equity allotment to foreign investors and Form FC-TRS for resident-to-non-resident share transfers.

Authority: Reserve Bank of India (Foreign Exchange Dept)

Target: Venture-Funded Startups & FDI Subsidiaries

FEMA FDI Advisory

4. Capital Subsidies, Grants & Subventions

State industrial capital subsidies, term loan interest subventions, and seed innovation grants with statutory CA attestations.

State Industrial Policies

Capital Investment Subsidy (15%–25%)

State capital subsidies on eligible Fixed Capital Investment (FCI) in Plant & Machinery for new manufacturing setups and expansions in Delhi NCR, Haryana (HEEP), and Uttar Pradesh.

CA Role: Means of Finance & COD Audit Certificate with UDIN

Target: Manufacturing Plants, Auto Component, Plastics & Packaging

Subsidy Audit Scoping
Term Loan Relief

Interest Subvention (3% to 5%)

Reimbursement of 3% to 5% interest paid on term loans sanctioned by Scheduled Commercial Banks for industrial plant installations, solar energy setups, and technological modernizations.

CA Role: Bank Interest Payment Audit & Loan Utilization Certificate

Target: Borrowers with Active CAPEX Term Loans

Consult Advisory Desk
DPIIT / Seed Fund

Startup India Seed Fund (SISFS)

Financial assistance up to ₹20 Lakhs as grant for Proof of Concept (POC) / prototype validation, and up to ₹50 Lakhs through debt / convertible debentures for market launch and commercialization.

CA Role: Form GFR-12A Fund Utilization Certificate with UDIN

Target: Early-Stage DPIIT Recognized Startups

Launch Runway Tool
Ministry of MSME

MSME Sustainable (ZED) Subsidy

Financial support up to ₹5 Lakhs for Zero Defect Zero Effect (ZED) quality certification (Bronze, Silver, Gold), including subsidy on testing charges, consulting fees, and clean technology adoption.

Benefit: Up to 80% subsidy on certification fees

Target: Micro, Small & Medium Manufacturers

Explore MSME Scheme
DBT / BIRAC Grant

BIRAC BIG Grant (Up to ₹50 Lakhs)

Non-dilutive grant-in-aid up to ₹50 Lakhs for 18 months to biotechnology, medical devices, pharma, and agricultural deep-tech innovators to establish commercial proof of concept.

CA Role: Periodic Milestone Financial Audits & Form GFR-12A with UDIN

Target: Biotech Founders, Healthcare Startups, Researchers

Grant Audit Inquiry
DGFT / Export Grants

Market Access Initiative (MAI)

Financial reimbursement for Indian exporters participating in overseas trade exhibitions, statutory international product testing and registrations (US FDA, CE marking), and market study missions.

CA Role: Export Expenditure & Testing Fee Attestation with UDIN

Target: Pharma, Engineering & IT Service Exporters

Explore Export Practice

Need Statutory Certification with UDIN or Scheme Advisory?

Consult with our senior FCA partners on tender track-record attestations, Net Worth certificates, PLI scheme documentation, or DPIIT Section 80-IAC tax holiday filings.

Schedule Discussion
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