Published in:
The Economic Times
Pubished on:
2 Feb 2016
The limit on sweat equity for Startups be raised to 50% from 25% of paid up capital , improving the incentives for innovators and giving a boost to the startup initiative.
A committee set up by the government to review issues arising out of implementation of the Companies Act, 2013 has suggested changes to improve ease of doing business , encourage startups and harmonise startups.