https://www.taxtmi.com/news?id=43348 Notification expands the Credit Guarantee Scheme for Startups (CGSS) by raising the maximum guarantee ceiling per borrower and adjusting guarantee cover rates to increase access to collateral-free debt funding. The Annual Guarantee Fee is reduced for startups in 27 Champion Sectors to enhance affordability. The changes aim to lower perceived lending risk for banks, AIFs and NBFCs, stimulate lender participation, and support working capital, term loans and venture debt to promote R&D and innovation among startups. en-us Fri, 09 May 2025 15:01:20 +0530 Fri, 09 May 2025 15:01:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=43348 Notification expands the Credit Guarantee Scheme for Startups (CGSS) by raising the maximum guarantee ceiling per borrower and adjusting guarantee cover rates to increase access to collateral-free debt funding. The Annual Guarantee Fee is reduced for startups in 27 Champion Sectors to enhance affordability. The changes aim to lower perceived lending risk for banks, AIFs and NBFCs, stimulate lender participation, and support working capital, term loans and venture debt to promote R&D and innovation among startups. News - Fri, 09 May 2025 15:01:20 +0530 https://www.taxtmi.com/news?id=43348