Padmaja Ruparel Shares Insights on Union Budget 2024 with Young Turks
In a conversation with Shereen Bhan of Young Turks, IAN Group Co-Founder Padmaja Ruparel shared valuable perspectives on the Union Budget 2024. She was joined by industry leaders Mohandas Pai, Chairman, Aarin Capital; Gopal Jain, Managing Partner and Co-Founder, Gaja Capital; and Vishesh Rajaram, Managing Partner, Speciale Invest.
Tune in to watch the whole conversation here: https://lnkd.in/dzNbHwbt
IAN Group commends the Finance Ministry for the Union Budget 2024, which has provided a significant boost to the entrepreneurial ecosystem of India. Measures such as the removal of angel tax and tax parity on long-term capital gains from investments in unlisted and listed securities have been long-standing asks of startups and investors.
By easing tax burdens, the government has provided much-needed relief to both entrepreneurs and investors, encouraging greater investment in innovative ventures. This move not only alleviates financial pressure on startups, but also fosters a more supportive environment for new ideas and businesses to flourish.
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