The SEBI noted that investments by registered AIFs have grown 75 percent year-on-year in the last two years.
Supreme Court verdict on IBC: Indian banks’ fight against bad loans has just got a thumbs-up from judiciary
The intent and purpose behind the enactment of the IBC was to pave the way for expeditious resolution of the burgeoning pile of non-performing assets in the financial sector.
The Sebi chief said a humungous amount of investment needs to go into infrastructure development in India to address the current gap as well as to provide for projected requirements of the economy
The CII has proposed to rationalise the Dividend Distribution Tax (DDT) rate to 10 percent
Sebi also plans to reduce minimum angel fund investment for venture capital firms to Rs 25 lakh from the current Rs 50 lakh to boost the early-stage startup ecosystem
To boost funding for start-ups, the government should consider extending tax benefits available to foreign portfolio investors to other investors such as Alternative Investment Funds (AIFs), venture capital and PE funds, say tax experts.