Govt could ease compliance norms for start-ups – Piyush Goyal: Budget 2022
“The idea is to remove the compliance burden as much as possible.
Union Minister Piyush Goyal has said that the government is looking to ease the compliance burden for the start-up ecosystem in India and is aiming to give the new-age firms more freedom of operation. The minister, while releasing a report on the tech start-up ecosystem in 2021 by industry body NASSCOM said that exemption of angel taxes, self-certification, digitisation and simplification of tax procedures were some of the initiatives which were undertaken by the government to help the start-up community grow.
