R&D Manpower as per DSIR Guidelines

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The DSIR(Department of Scientific and Industrial Research) provides recognition to software product and manufacturing companies having in- house R&D centres. The DSIR also has a set of guidelines regarding the manpower in the said R&D centres. 1. As per DSIR Guidelines, the R&D manpower should be dedicated, and should include: –R&D Head There should be […]

Documents required for DSIR Application

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The Department of Scientific and Industrial Research provides recognition to software product and manufacturing companies having In- hours R&D centres. DSIR application process to apply for recognition is fairly simple and we have covered the steps involving the same here. Before we move ahead, since you are on this page, we assume you have already […]

DSIR Application Process

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The DSIR provides recognition to software product companies and manufacturing companies with In-House R&D centers. The recognition, in addition to being a reason to boast about among your friends and foes, is also associated with a great deal of benefits. However, a lot of people looking to get recognized by the DSIR, are not clear about […]

Is there a right time to apply for DSIR Recognition?

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The DSIR(Department of Scientific and Industrial Research) provides recognition to manufacturing and software product companies with in-house R&D centres Very often, during our consultations, we get asked if there is a “right time” to apply for DSIR recognition. There isn’t really a right time as such for applying for the recognition. As soon as your […]

DSIR Recognition associated Tax Benefits may go back to 200%

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The DSIR (Department of Scientific and Industrial Research) provides recognition to software product and manufacturing companies. The recognition is provided to companies, registered in India. It is further aimed at encouraging the culture of R&D and innovation in India by providing Income Tax reductions for carrying out R&D activities. Current Income Tax reduction is 150 […]

Benefits of DSIR Recognition

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The most common question we get asked during every consultation is, “Are there any benefits of getting recognized by the DSIR? Well, the answer is a big, bold (and italic) YES!! 😉   So what exactly are these benefits, then? Okay, let’s not beat around the bush much and get to the point. After all […]

How DSIR Recognition associated Tax Benefits Work

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The DSIR, which is the Department of Scientific and industrial Research, provides recognition to software product and manufacturing companies with “in- house” R&D centers. The recognition enables the company to get 150% weighted tax reduction on the purchases made for R&D among other benefits. This 150% weighted reduction translates into saving of Rs. 17 Lac on […]

What is R&D?

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The Department of Scientific and Industrial Research(DSIR), which comes under the Ministry of Science and Technology, provides recognition to software product and manufacturing companies registered in India. The recognition is given to companies with in-house R&D centers in compliance with the DSIR’s guidelines. Now what comes to the mind when we talk about R&D, in […]