Tag: ‘Fund of Funds’

Fund of Funds looks for fresh capital infusion

The Fund of Funds (FoF) created by the government for pumping money into start-ups is in need of a fresh infusion. The Department of Industrial Policy and Promotion (DIPP), which is the nodal department for managing the fund, has asked the Finance Ministry for an additional allocation of Rs 1,600…

Startup India: केवल 114 करोड़ के फंड हुए मंजूर, 208 में से 10 कंपनि‍यों को मि‍ली टैक्स‍ छूट

स्‍टार्टअप इंडि‍या प्रोग्राम को एक साल से ज्‍यादा हो गए हैं लेकि‍न अब भी सरकार की ओर से कंपनि‍यों को फंड नहीं मि‍ल पाया है। केंद्र सरकार ने स्‍टार्टअप्‍स के लि‍ए 10 हजार रुपए का फंड ऑफ फंड्स (एफएफएस) बनाया है। लेकि‍न इसका फायदा अभी तक स्‍टार्टअप्‍स को मि‍लना बाकी है। इसमें से केवल 114 […]<…

Income Tax benefits for start-ups: Just 10 out of 208 qualify

Only 10 start-ups have benefited from the government’s decision to give income tax exemption to eligible start-ups. This was even as 208 applications were considered for these tax benefits since the launch of the scheme in January, 2016. “Out of the total applications received, 208 applications c…

Official Start-Up web portal to be launched

Government will launch a portal for startups by next week and begin the registration process with a view to encourage budding entrepreneurs and promote ease of doing business, a top official said on March 5. Secretary in the Department of Industrial Policy and Promotion (DIPP) Ramesh Abhishek sai…