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Blog Overview Chronicles Tax for investors is unclear & Indian start-ups are affected: CNBC

Tax for investors is unclear & Indian start-ups are affected: CNBC

Tax for investors is unclear & Indian start-ups are affected: CNBC

Speaking on CNBC Awaaz, Ashok Hariharan – CEO of IDfy – said that the lack of clarity on tax structures for foreign investors is keeping international venture capitalists away from the Indian start-up eco-system, thereby limiting access to capital.

 

"tax structure for investors isn't clear and is affecting Indian start-ups", says Ashok Hariharan, CEO at IDfy

Ashok Hariharan, CEO at IDfy

Speaking on CNBC Awaaz’s weekly show Awaaz Entrepreneur, Ashok Hariharan – Founder and CEO of IDfy – said that the lack of clarity on tax structures for foreign investors is keeping international Venture Capitalists (VCs) away from the Indian eco-system, thereby limiting access to capital for Indian start-ups. He also talked about Angel Taxes, ESOPs amongst other topics.

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