Tag: angel tax startups
angel tax startups: Founders facing down rounds wary of impact on angel tax
Startup founders resorting to down rounds – or, raising funds at lower valuations than earlier – amid fundraising challenges are reaching out to tax experts…
Angel tax: Experts suggest safe harbour for investment via convertible preference shares too
The I-T department’s draft rules on valuation of funding in unlisted startups for calculating ‘angel tax‘ will bridge the gap between the rules outlined in…
angel tax startups: For VCs, renewed angel tax kills devil in details
Venture capital (VC) investors welcomed the changes proposed by the government to angel tax provisions that were originally announced in the Union budget for 2023-24,…
angel tax startups: Exclusive: Government may adopt Fema-like valuation norms for angel tax
India may accept the valuation criterion followed under the foreign exchange management law for the so-called angel tax on investments by overseas investors in startups,…
angel tax startups: Startups call for exempting more from angel tax
The startup industry is lobbying with the finance ministry to scrap, or at least increase, the Rs 25-crore threshold below which it is exempted from…
budget angel tax: ETtech Explainer: Has the Budget 2023-24 resurrected ‘angel tax’?
The Finance Bill, 2023 has proposed bringing non-resident investors in unlisted companies under the ambit of Section 56 (2) (viib) of the Income Tax Act,…