G20 May Agree On Defining Startups
Mint Mumbai|April 17, 2023
A consensus on startup definition may end taxation challenges
Ravi Dutta Mishra
G20 May Agree On Defining Startups
G20 nations are expected to agree on a common definition for startups by July, enabling effective policymaking across members and potentially resolving current challenges surrounding the valuation and taxation of startups, Indian government officials said.

The foundation and alliances working group under the Startup-20 Engagement Group, created during India’s G20 presidency in 2023, is leading discussions to establish consistent terminology across member nations to define investments, funding, and other related terms for startups in the ecosystem.

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