https://www.taxtmi.com/news?id=32333 A new Fund of Funds Scheme will provide an additional government contribution to catalyse venture capital into startups by routing capital through SIDBI to SEBI-registered Alternate Investment Funds, with DPIIT as monitoring agency. Supported AIFs must invest at least twice the FFS commitment into startups, and recognised startups under the Startup India initiative remain eligible for tax and non-tax incentives and for complementary schemes such as the Seed Fund and Credit Guarantee programmes. en-us Sat, 01 Feb 2025 14:01:03 +0530 Sat, 01 Feb 2025 14:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=32333 A new Fund of Funds Scheme will provide an additional government contribution to catalyse venture capital into startups by routing capital through SIDBI to SEBI-registered Alternate Investment Funds, with DPIIT as monitoring agency. Supported AIFs must invest at least twice the FFS commitment into startups, and recognised startups under the Startup India initiative remain eligible for tax and non-tax incentives and for complementary schemes such as the Seed Fund and Credit Guarantee programmes. News - Sat, 01 Feb 2025 14:01:03 +0530 https://www.taxtmi.com/news?id=32333