Tag: angel tax
Foreign angels – trouble in Indian paradise?
Widening the scope of angel tax to money raised from non-resident investors has been one of the most discussed aspects of this year’s Union Budget….
DPIIT takes up startups’ concerns with Finance Ministry
New Delhi: The Department for Promotion of Industry and Internal Trade (DPIIT) has raised, with the finance ministry, issues related to startups‘ concerns over the…
angel tax deferred: Angel tax likely to be deferred to April 2024, centre proposes amendments to Finance Bill
In a big relief to Indian startups, the centre is likely to defer the Angel tax on non-residents to April 1, 2024. The Centre is…
angel tax finance bill: ‘Angel Tax’ provisions in Finance Bill will not impact startups: DPIIT secretary
The ‘angel tax‘ provision in the Finance Bill will not impact startups in India, a senior government official said on Tuesday. Startups registered with the…
angel tax: Startups, VCs seek exemption from angel tax provisions for certain funds
The startup and venture capital industry, spooked by the spectre of angel tax being made applicable on foreign investments in unlisted companies, has asked the…
angel tax: Exclusive: Valuation rules to be scanned for Angel Tax on foreign Investments
India will investigate the valuation rules for the so-called ‘angel tax’ on investments by overseas investors in start-ups. A senior official said the government is…
startups in india: Proposed changes in income tax law for startups would bring in ‘parity between domestic, foreign investors’
The proposed changes in the income tax law with regard to startups would bring in parity between domestic and foreign investors, a top government official…
startups in india: No angel tax on past foreign investments in startups
India will provide grandfathering to past investments by non-residents in startups and the proposed changes to the angel tax provision were prospective said Central Board…
angel tax: Angel tax on foreign investors may muddle maths for startups
Indian startups’ popular deal structures and valuation approaches could take a hit after the central government extended angel tax provisions to foreign investors. It may…
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,…