Ashneer Grover shares his top 3 asks from Centre to boost startups: 'Allow domestic investors to...'

After Union Minister Piyush Goyal questioned India’s startup space and asked whether the country was settling for low-paying gig jobs while China raced ahead in deep-tech innovation, Ashneer Grover shared a series of posts on X to highlight the roadblocks faced by entrepreneurs that the government should resolve to ensure better growth among startups.

On Saturday, the Third Unicorn founder and former Shark Tank India judge shared his top three asks from the government.

"1. Single window approvals for all licenses & filings - SEBI / RBI / FEMA / IT / GST / local authorities with 15 days max ETA and approval by default if 15 day ETA breached," Grover wrote. "2. Capital gains on ESOPs for employees only at time of realisation of any actual cash capital gain - not at time of exercise of ESOP grant. Capital gain tenure to be counted from time of vesting. 3. Allowing domestic investors to write off investment in any startup at any time as per their discretion (without needing to dispose of shares). Of course, any subsequent capital gain on same investment thereafter to be taxed in full (assuming investment cost as Rs 0)."

Grover also thanked Goyal for initiating this "healthy debate" with startup founders.