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Verdict on Robert Vadra case today

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Startups need to take advantage of Budget proposals

Jul 21 2014, 09:24 IST
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FM Arun Jaitley announced a startup programme for rural youth with a Rs 100 crore allocation. (Thinkstock) FM Arun Jaitley announced a startup programme for rural youth with a Rs 100 crore allocation. (Thinkstock)
SummaryFM Arun Jaitley announced a startup programme for rural youth with a Rs 100 crore allocation.

situation where startups in India can raise money from foreigners (who are exempt from Sec 56) but have to relocate overseas to raise money from Indians!” Last year’s Budget recognised angel investment, giving CSR status to tech incubators within academic institutions and providing a ‘pass through status’ for venture capital funds.

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