IVCA's Budget wish: Equal tax treatment for listed and unlisted investments

Argues that taxes on unlisted securities are nearly 2.4x those of listed ones, even as investments into unlisted firms and startups were leading asset and job creation

The Indian Venture and Alternate Capital Association (IVCA) on Tuesday called for parity in the treament of listed and unlisted investments in tax matters, and sought regulatory relaxations from the finance ministry for alternative funds.

These were some of the key pre-Budget demands made by the lobby that represents some of the top venture capitalists and private equity firms. It also held a panel discussion to lay out the "pre-budget wishlist of the industry."

The stakeholders argued that taxes on unlisted securities were nearly 2.4 times those suffered by listed entities, even as investments into unlisted companies and startups were