Key recommendations related to policy and regulations to rev up the Indian startup ecosystem

A look at some of the key recommendations from startup ecosystem stakeholders related to policy and regulations to rev up the Indian startup ecosystem
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Key recommendations by startup ecosystem stakeholders on policy and regulations needed in Budget 2021 to rev up the Indian startup ecosystem:

  • Focus on attracting customers and capital, which are important for any startup to grow
  • Government policy should be geared not just toward capital infusion but also enabling exits
  • Need clarification on capital from China and Hong Kong
  • Speed up the overseas listing process; align it with global best practices
  • SEBI should move quickly on the Innovators Growth Platform framework
  • Make capital gains tax for startups the same as for public companies
  • Personal taxes should be reduced significantly so that it does not hit the entrepreneur
  • Subsidise innovation across companies, be it a startup or a large-sized company
  • Budget 2021 should ensure capital is not taxed when it comes in
  • Startups should be allowed to form more JVs and subsidiaries without losing their tax exemption

For YourStory's multimedia coverage of Budget 2021, visit YourStory's Budget 2021 page or budget.yourstory.com

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