Start-ups bat for tax sops, investment incentives in Union Budget

The startup community, which has started facing funds crunch of late, is looking to the Union Budget 2016 for an easy tax regime, relaxation in investment norms and furtherincentives for innovation.

The country is home to over 18,000 startups, making it the third-largest in the world after the US and England.

“iSpirt has represented to the finance ministry that a small basket of tax sops merely will not be effective for the existing system which is riddled with several bottlenecks," co-founder of iSpirt Foundation Sharad Sharma told PTI. Read More.

Kanhaiya Kumar might not have raised anti-national slogans: Security agencies

JNU students' union leader Kanhaiya Kumar, who was arrested on sedition charges, may not have raised anti-national slogans or made an inflammatory speech at the JNU event which is at the center of a raging controversy, according to inputs from security agencies.

Home Ministry officials have suggested that slapping of the serious charge of sedition against Kumar could be an act of "over enthusiasm" on the part of some Delhi Police officers.