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Start-Up India campaign: 10 key points
Finance Minister Arun Jaitley on Saturday kick-started Prime Minister Narendra Modi`s `Start-Up India` campaign in Delhi at Vigyan Bhavan assuring tax regime and rules that would make start-ups in India much easier.
Zee Media Bureau
New Delhi: Finance Minister Arun Jaitley on Saturday kick-started Prime Minister Narendra Modi's 'Start-Up India' campaign in Delhi at Vigyan Bhavan assuring tax regime and rules that would make start-ups in India much easier.
Japan's Softbank CEO Masayoshi Son also addressed the conference promising bigger investment in the country.
Here are 10 key points from the conference.
- Friendly tax regime in Budget for start-ups
- Government and the RBI to add to the banks' ability to lend more
- Government to end licence raj for start-ups
- Govt may lower long-term capital gain tax for unlisted companies
- Govt not to interfere in Start-Up India scheme but facilitate
- Government to be available to entrepreneurs at arm's length
- Govt to launch Stand Up India scheme for entrepreneurs belonging to the SC, STs
- Japan's Softbank to increase investment in India to $10 bn from $2 bn
- The 21st Century belongs of India, says Softbank CEO
- 'Start-up India' campaign is beginning of Big Bang for Indian economy: Softbank CEO