Govt plans easier norms, simpler tax regime for start-ups

Govt plans easier norms, simpler tax regime for start-ups

FPJ BureauUpdated: Friday, May 31, 2019, 07:02 PM IST
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New Delhi: Transparent tax regime, easier registration norms and simple exit policy will be provided to give a boost to start-ups, Commerce and Industry Minister Nirmala Sitharaman said. Finance Minister Arun Jaitley has already spoken in different contexts about simplifying taxation and initiatives are already in place, she said. Replying to a question on the biggest outcome of ‘Start up India’, she said: “A greater synergy between the startups, venture funds, seed funds, incubators, industry and the government”. The minister also said that school curriculum is becoming dynamic to include thoughts about start-ups.

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