DPIIT defining 'accredited investors' to boost investments in startups

The department, under the commerce and industry ministry, has already prepared a draft definition and is now seeking views of stakeholders

Update: 2019-03-31 01:35 GMT
  • The department, under the commerce and industry ministry, has already prepared a draft definition and is now seeking views of stakeholders
  • The Department for Promotion of Industry and Internal Trade (DPIIT) is working on a definition of 'accredited investors', who could be provided tax incentives for investments in startups, an official said.
  • "We are seeking views of stakeholders on the definition of accredited investors.

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