Budget 2019: Start-ups, investors seek tax sops, easier compliance regime

While 'recognised' start-ups don't have to pay corporate tax for 5-7 years, they still have to pay MAT on book-profits at 18.5%, which is seen as a major cash out-go in early stage enterprises

With the Narendra Modi-led NDA government going into its second term, albeit with a stronger majority, the start-up community expects it follow through on entrepreneurial policies introduced over the last five years and remove a dozen or so bottlenecks to position the country as a start-up powerhouse.

The interim budget presented on February 1 this year, which is only meant to support activities for two-three months in an election year, was understandably missing on big-bang