Essential Compliance for Indian Startups

Navigating the regulatory landscape in India can be daunting for new founders. From the moment of incorporation, a startup enters a cycle of mandatory filings. Key compliances include: 1. MCA Filings: Annual returns and financial statements (AOC-4, MGT-7). 2. GST Returns: Monthly or quarterly filings depending on turnover. 3. Income Tax: Quarterly advance tax payments and annual ITR. 4. TDS: Monthly deposits and quarterly returns for payments made to vendors and employees. 5. FEMA: If you have foreign investment, reporting via FC-GPR is non-negotiable. Staying ahead of these timelines is critical to avoid heavy penalties and maintain eligibility for DPIIT benefits.