Finance Minister Nirmala Sitharaman stated that the budget proposals would boost job creation, invest in startups, and enhance economic gro...

Revenue Secretary Sanjay Malhotra defended the capital gains tax rationalization, stating it was industry-demanded. He highlighted the budg...

The budget emphasises technology, with increased funding for research and development, also prioritising digital infrastructure, and women'...

Finance Minister Nirmala Sitharaman addressed Congress' claims that BJP has borrowed their ideas, highlighted job creation efforts, defende...

CBDT Chairman Ravi Agrawal said the removal of this tax will act to boost the startup ecosystem in India. He would urge the community to "p...

Deloitte India highlighted the positive impact of Budget announcements on capital inflows, emphasising simplified FDI regulations, reduced ...

The Union budget praised by USISPF abolishes the angel tax and sets a 35% foreign tax rate, boosting global investment. Duty cuts enhance l...

Budget 2024: The Section 56 (II) (viib) of the Income Tax Act, known as angel tax, is applicable on any consideration of issue of shares th...

Union minister for electronics and information technology Ashwini Vaishnaw said angel tax was a major issue for deep tech startups. " With ...

Union Budget 2024-25: Finance Minister Nirmala Sitharaman on Tuesday proposed to abolish the angel tax for all investor classes while prese...

Budget 2024: Finance minister Nirmala Sitharaman abolished India’s angel tax, boosting the startup ecosystem. Industry leaders like Siddart...

Changes in the FDI policy in the ecommerce space which came by in February this year also made startups wary of the changes that were to fo...

“We will form a small working group and try to come out with some suggestions and solutions in the next four-five days,” said Ramesh Abhish...

Already hit by new ecomm FDI rules, Startup sector feels ignored by govt

CBDT could issue a notice that lifts the threat of angel levy and associated penalties hanging over startups.

With most startups taking years just to break-even, treating part of the hard-earned cash that came in from angels as taxable income, even ...

In many cases, the valuation of startups is far in excess of market value as it is based on the promise of the idea and not the immediate w...