Don't disincentivise private investing by making capital gains tax higher than public markets: Gopal Srinivasan

Gopal Srinivasan says the reduction in private equity funding in 2023 is seen as a cleansing process, with buyout activity and focus on energy and manufacturing showing promise. The trajectory for the start-up space in the budget is anticipated in the June budget, with expectations for improved tax structures and progressive regulation. Larger start-ups preparing for IPOs are expected to correct the exuberance of 2021 and focus on sustainable growth.