Govt considering easing tax rules to promote start-ups, says official

Talking about the host of measures on which they are working, Mohapatra said the DPIIT will be extending more funds this year to startups under the Fund of Funds scheme

The revenue department and DPIIT are working together to see what more relaxations can be given to startups under direct and indirect tax regimes with a view to promote budding entrepreneurs, said a senior civil servant on Saturday.

Guruprasad Mohapatra, secretary in the Department for Promotion of Industry and Internal Trade (DPIIT), said they will be submitting a comprehensive vision document for startups to the Cabinet.

Talking about the host of measures on which they are working, he said the DPIIT will be extending more funds this year to startups under the Fund of Funds scheme. It has provided over