The upward trajectory is expected to continue for the next 3-4 years, driven by the substantial returns generated for investors even as confidence in SMEs from retail, HNIs, and institutional investors signals a robust and resilient market despite external challenges, says Kresha Gupta, Founder, Chanakya Opportunities Fund 1, a Sebi-registered Category II Alternative Investment Fund (AIF)
The extension of angel tax rules to investments by non-residents has raised concerns over the valuation of start-ups and sparked fears of calls from tax authorities. The industry is hoping that this decision will be reviewed - Issue Date: Jan 21, 2024
Successful implementation of the reform has made the state eligible to mobilise additional financial resources equivalent to 0.15 per cent of its Gross State Domestic Product (GSDP).