Tag: angel tax abolished
Posted in Economy
Angel Tax scrapped: FM Sitharaman explains the rationale behind removing the decade-old tax
The Narendra Modi government’s decision to scrap angel tax in the Union Budget was taken to remove the hindrances that startups face in the country,…
Posted in Startups
what is angel tax: ‘Long overdue’: Startup industry, VCs cheer move to abolish angel tax
In a major boost to India’s startup ecosystem, the government has abolished angel tax for all classes of investors. The long-awaited reform, announced by finance…