This document provides information about a Startup Clinic event and resources for entrepreneurs. It discusses what a Startup Clinic is, which is a forum that brings together entrepreneurs, mentors, investors to discuss and pitch ideas. The document then outlines what will be covered at the event, including networking, mentoring, incubation centers and funding. It also lists various resources available to businesses and entrepreneurs. Finally, the document provides a startup checklist that outlines the key steps needed to successfully start a business, from developing an idea to securing funding and planning an exit strategy.

1. WELCOMES YOU

2. First Step For Big Goals

3. First Step For Big Goals
TARTUP

4. First Step For Big Goals
LINC

5. WHAT IS STARTUP CLINIC
StartupClinic, a forum which brings budding
entrepreneurs, business owners, mentors,
angel investors and venture capitalist to
discuss, network and pitch ideas.

6. WHAT WE ARE GOING TO DO?
MEETINGS NETWORK MENTORING
INCUBATION
CENTRES
FUNDING

7. RESOURCES
BUSINESSES & ENTREPRENEURS
DIRECTORY
BUY AND SELL BUSINESS
JOB BOARD AT YOUR SITE

8. SPONSOR FOR THIS EVENT
WE THANK OUR SPONSORS

9. PITCHING

10. BUDGET IMPACT ON
STARTUPS
PRESENTATION
R Seetharaman B.com., FCA
Chartered Accountant

11. RUPEE COMES FROM
Borrowings and Other
liabilities, ₹ 24 p
Corporation Tax ₹ 20 p
Income Tax, ₹ 14 p
Costoms, ₹ 9 p
Excise Duty, ₹ 10 p
Service Tax & Others, ₹ 9 p
Non Tax Revenue, ₹ 10 p
Non Debt Capital Recipts, ₹
4 p

12. RUPEE GOES TO
Non Plan Assistance, ₹ 5 p
Plan assistance ₹ 9 p
Central Plan, ₹ 11 p
Interest Payments, ₹ 20 p
Defence, ₹ 11 p
Subsidies, ₹ 10 p
Other non planned expenditure,
₹ 11 p
States share of taxes & duties,
₹ 23 p

13. START-UP BENEFITS
1. If newly setup domestic companies satisfy the conditions then Income
tax at 25% at the option of the company
2. Deduction of 100% profit and gain for consecutive three AY out of 5
Years for eligible start-up.
3. Capital gains arising on account of transfer of a residential property shall
not be charged to tax if such capital gains is invested in subscription of
shares of a company which qualifies to be an eligible start-up subject to
other specified conditions.
4. Domestic Companies with 5 Crores or less turnover to pay tax @29%.

14. START-UP BENEFITS
1. Income Tax belated return can be revised.
2. Payment of Rent without TDS against Form 15 G/ H in eligible cases.
3. Presumptive taxation scheme introduced for professionals.
4. Increase in threshold limit for tax audit ₹ 50 Lakhs for profession.
5. Change in limit from ₹ 1 to ₹ 2 Crores, 8% continues to be presumed
income.

15. NEW TAXES
1. Dividend Tax @ 10% introduced in hands of Individuals / HUFs / Firms /
LLPs for dividend receipts in excess of Rs. 10 lakhs.
2. Digital Equalisation Levy at 6% - (new Chapter) to be introduced
considering it is essential to address the challenges of digital transactions
of emerging digital economy and rapidly changing style of business
operations.

16. INCOME DISCLOSURE SCHEME
1. Domestic taxpayers can declare undisclosed income.
2. Pay Tax @ 30% and Surcharges (KKS) @7.5%
3. Penalty @7.05%
4. Declarants will have immunity from Prosecution.

17. TDS and TCS
1. Payment to Contractors aggregate annual limit 75k to 100k.
2. Commission and Brokerage Rs.5,000 to Rs.15,000
3. TCS introduced on sale of motor vehicle exceeding Rs. 10 Lakhs and Sale
of certain goods at Cash exceeding Rs. 2 Lakhs.
4. Alternative documents to PAN card for non-residents , higher TDS not to
apply.

18. INDIRECT TAX – SERVICE TAX
1. Interest for delay in payment @ 15%
2. Interest if Tax collected but not deposited@24%
3. Prosecution for tax collected but not deposited for amount exceeding Rs.2 crore.
4. Benefit of quarterly return for OPC and HUF.
5. Benefit of receipt basis payment to OPC and HUF.
6. KKC - on taxable service from 1st Jun 16 .
7. Forward charge – Senior advocate or Partnership firm of advocates.

19. INDIRECT TAX – CENTRAL EXCISE
1. Capital Goods includes Equipments and appliances.
2. Time extension - inputs for job work 1Y to 3 Y.
3. Annual Return – ER5 and ER6 not needed, annual return in specified from on or
before 30th Nov.
4. Number of returns reduced from 27 to 13.
5. Revision of return allowed.
6. Infrastructure cess, 1% ,2.5% ad 4%. No credit of the same allowed.
7. ED of 1% without ITC or 12.5% with ITC on articles of Jewellery.

20. STARTUP CHECKLIST
DISCUSSION

21. STARTUP CHECKLIST
1. Find a good business idea
2. Validating business idea
3. Forming a team
4. Branding your Business
5. Registering business – Make it legal
6. Form a Business plan
7. Get funded
8. Know Your Exit
9. You are done .

22. FIND A GOOD BUSINESS IDEA
1. List out business ideas
2. Short out Trending business idea
3. SWOT analysis

23. HOW TO VALIDATE THE BUSINESS IDEA?
1. Define the “problem” your business is solving
2. Summarize the “solution” your business offers
3. Define your target market and ideal customer
4. Figure out the best place to set up office/shop
5. What advantages does your solution have over your
competitors?
6. Map out business milestones or goals and when you plan to
achieve them
7. Create basic business plan
8. Testing business idea

24. FIGUREOUT THE TEAM
1. Role in business
2. Share of investment
3. Share of Profit
4. Source of Investment

25. BRAND YOUR BUSINESS
1. Choose name
2. Decide brand message
3. Develop tagline
4. Create logo

26. MAKE IT LEGAL
Various Options available in India

27. MAKE IT LEGAL - STATUTORY REGIS.
1. PAN Card
2. Opening Bank account
3. Sales Tax
4. Service Tax
5. Factory License
6. Excise Duty
7. IE Code
8. Shop and Establishment
9. Trade License
10. EPF
11. ESI

28. FORMAL BUSINESS PLAN
1. Executive summary
2. Company overview
3. List your products/services
and the problems they are
solving or needs they are
fulfilling
4. Find out your target market
5. Figure out Marketing plan
6. Set milestones
7. Figure out Organization
structure
8. Draw a financial plan
9. Create an elevator pitch

29. GET FUNDED
1. Estimate a start-up cost
2. Prepare financial statements
3. Sales forecast
4. Cash Flow statements
5. RoI

30. KNOW YOUR EXIT
Prepare exit strategy: a way of "cashing out“ an investment

31. LAUNCH YOUR BUSINESS

32. Q AND A
IT IS YOUR TIME TO GET CLARIFY

33. ALL THE BEST FOR YOUR GROWTH