Tag: Wealthy citizens

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Is it Wise for Retail Investors to Invest in Indian Startups? The Insights of Nithin Kamath

Indian startups heavily rely on foreign venture capitalists and big investment houses, causing local wealth to remain stuck in fixed assets. Zerodha CEO, Nithin Kamath suggests incentivizing them with tax relief and capital gains exemption for startup investments, similar to the UK, to promote inclusive wealth creation.

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