TaxTMI 
TaxTMI 
Start-up Action Plan
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....tart-up Action Plan <br>News and Press Release<br>Dated:- 12-3-2016<br><BR>The Reserve bank of India (RBI) has launched a Start-up Action Plan to enable easy access of foreign funds for Indian Start-u....
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....p. In keeping with the Government's Start-up initiative, the RBI has taken steps to ease doing business and contribute to an ecosystem that is conducive for growth of start-ups. These measures are dir....
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....ected towards enabling framework with respect of cross border transactions (including foreign investments, external commercial borrowings, trade etc.,) to start-ups for receiving foreign venture capit....
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....al, differing contractual structures embedded in investment instruments, deferring receipt of considerations for transfer of ownership, facilities for escrow arrangements and simplification of documen....
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....tation and reporting procedures. This was stated by Shri Jayant Sinha, Minister of State in the Ministry of Finance in written reply to a question in Lok Sabha.<BR> News - Press release - PIB....