Some key proposals include granting “zero-rated or export status” to India-based AIFs having foreign investors, bringing uniformity in taxing “carried interest”, easing norms for employee stock option plans, and aligning capital gains taxes for listed and unlisted securities.   

“A framework for PE/VC investment is in the works and it could address taxation and regulation faced by this class of investors. It is expected to be introduced in the monsoon session of Parliament,” a senior government official told Business Standard