Resolve the 'Angel Tax' issue will encourage start-ups plan: Akshaya Kamath

By placing the mechanism of e-verification, more investors will be attracted to funding, making fund sourcing easier and smooth for start-ups.

Jul 08, 2019 04:07 IST India Infoline News Service

“The solution offered by the Modi government to resolve the ‘angel tax’ issue will encourage start-ups to plan and execute their intentions with high spirit. By placing the mechanism of e-verification, more investors will be attracted to funding, making fund sourcing easier and smooth for start-ups”, Akshaya Kamath, Director, Pioneering Ventures.

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