https://www.taxtmi.com/news?id=15899 Framework to promote new entrepreneurs establishes a Startup Action Plan focusing on regulatory simplification, financial support, and ecosystem building. Regulatory measures include a Simple Compliance Regime based on self certification, a mobile compliance portal, a Startup India Hub for handholding, legal support with fast track patent examination, relaxed public procurement norms, and faster exit procedures. Financial measures comprise a Fund of Funds for startup financing, a credit guarantee scheme, and tax incentives including startup tax exemption and capital gains relief for investments into the Fund of Funds. Ecosystem actions include industry-academia partnerships, incubator support, research parks, and student innovation programs. en-us Mon, 14 Mar 2016 17:44:06 +0530 Mon, 14 Mar 2016 17:44:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=15899 Framework to promote new entrepreneurs establishes a Startup Action Plan focusing on regulatory simplification, financial support, and ecosystem building. Regulatory measures include a Simple Compliance Regime based on self certification, a mobile compliance portal, a Startup India Hub for handholding, legal support with fast track patent examination, relaxed public procurement norms, and faster exit procedures. Financial measures comprise a Fund of Funds for startup financing, a credit guarantee scheme, and tax incentives including startup tax exemption and capital gains relief for investments into the Fund of Funds. Ecosystem actions include industry-academia partnerships, incubator support, research parks, and student innovation programs. News - Mon, 14 Mar 2016 17:44:06 +0530 https://www.taxtmi.com/news?id=15899