Wednesday, December 11, 2013

India Undermines Startups With Investment Tax

India foolishly taxes the act of investing, which undermines the process of raising capital for startups:

http://www.forbes.com/sites/timworstall/2013/12/11/how-india-cripples-start-up-funding/

Whenever there's some opportunity to take a cut of money, the Indian state is waiting to pounce.

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