India's capital markets regulator seeks tax breaks for VC & PE funds

India's capital markets regulator seeks tax breaks for VC & PE funds

The Narayana Murthy panel feels that the norm on investment limits for AIFs curb diversification and need to be done away with. Photo: Hemant Mishra/Mint

An advisory panel set up by the capital markets regulator has suggested a slew of tax reforms and changes in existing laws to facilitate capital-raising by alternative investment funds (AIFs) and boost entrepreneurship.

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