Private Equity
Mumbai: Allowing losses at the end of the fund life to be passed on to investors, considering the cost of management effort in calculating profit from the sale of an asset, and creating a taxation regime for hedge funds—are among demands of the private equity and venture capital (PE/VC) industry ahead of the Union budget. The measures aim to further strengthen the PE/VC industry, which attracted a record inflow of $24 billion in 2017.