Start Up policy 2.0: Norms to be reset for biotech firms

DIPP softens stance, rejected entities can seek tax breaks

Dilasha Seth  |  New Delhi 

The Start Up India policy - first announced by Prime Minister Narendra Modi in his second Independence Day speech in 2015 - is ready for a makeover. Even as the policy guidelines, issued in January 2016 in another mega event, promised many sops to entrepreneurs, the plan has failed to attract start-ups the way it had set out to.  The government is likely to tweak the Start Up India policy within a fortnight to accommodate more innovations, an official aware of the developments told Business Standard. The definition of the policy would be changed as well, making it more ...

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Start Up policy 2.0: Norms to be reset for biotech firms

DIPP softens stance, rejected entities can seek tax breaks

DIPP softens stance, rejected entities can seek tax breaks The Start Up India policy - first announced by Prime Minister Narendra Modi in his second Independence Day speech in 2015 - is ready for a makeover. Even as the policy guidelines, issued in January 2016 in another mega event, promised many sops to entrepreneurs, the plan has failed to attract start-ups the way it had set out to.  The government is likely to tweak the Start Up India policy within a fortnight to accommodate more innovations, an official aware of the developments told Business Standard. The definition of the policy would be changed as well, making it more ... image
Business Standard
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