The government is taking significant steps such as resolving the angel tax issue, simplification of tax procedures, and self-certification, in a bid to boost the startup ecosystem of the country, Commerce and Industry Minister Piyush Goyal said on Friday.
He also said that huge opportunities are there for startups in tier 2 and 3 cities and areas like advertising, marketing, professional services, fitness and wellness, gaming and sports and audio-video services.
Startups should leverage modern technologies for local and global markets, he said while speaking at the launch of NASSCOM’s Annual Technology Startup Report.
