By Raman Roy
The e-verification mechanism proposed by Finance Minister Nirmala Sitharaman is an enabling one for both start-ups and angel investors.
This, coupled with the exclusion of start-ups and investors who file requisite declarations from tax scrutiny, is an uplifting step taken by the government. The 'requisite declaration' clause, though, requires a closer inspection.
In any case, the overall development looks extremely optimistic for the Indian start-up ecosystem.
(The writer is Founder, Quatrro and Co-Founder, Indian Angel Network. The views expressed are personal)
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