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ANGEL TAX ABOLISHED
India needs to remove tax friction for more FDIIndia is looking to boost foreign investment by reforming its tax system. Recent proposals aim to simplify taxes on foreign holdings. The c...- Angel tax removal helped reverse flipping, startup funding $155 bln in 2024: DPIITStart-ups are returning to India after the abolition of angel tax, signifying positive changes in the business environment. The Department ...
- Union Budget 2025: Will the government continue to support India's startup ecosystem?Finance Minister Nirmala Sitharaman will present the budget for FY26 on February 1, 2025, with expectations from the Indian startup ecosyst...
- Sebi considers taking Angel funds regulation out of its purviewSebi is considering regulating Angel Funds under its norms following the abolition of Angel tax. A consultation paper highlighted gaps in o...
- Angel Tax scrapped: FM Sitharaman explains the rationale behind removing the decade-old taxThe Union Budget 2024 brought respite for venture investors as it abolished the decade-old Angel tax. When asked about the reason behind th...
- ET Interview: New capital gains regime to aid future home buyers, says CBDT chairman Ravi AgarwalCBDT Chairman Ravi Agarwal stated that recent tax changes will significantly benefit home buyers and investors. The new provisions, effecti...
- SICCI hails Union Budget 2024, terms it as a significant milestone for IndiaThe Singapore Indian Chamber of Commerce and Industry (SICCI) praised India's Union Budget 2024-25 for its emphasis on skills development, ...
- ETtech Budget Special: Angel tax scrapped, returns boost for VCsHappy Wednesday! Finance minister Nirmala Sitharaman abolished the decade-old angel tax bringing widespread cheer in the overall startup ec...
- Budget 2024: Centre abolishes angel tax in a major boost for startup ecosystemBudget 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...
- Angel tax abolition set to fuel innovation and spur investment in deep-tech startups: Ashwini VaishnawUnion minister for electronics and information technology Ashwini Vaishnaw said angel tax was a major issue for deep tech startups. " With ...
- Tax experts welcome scrapping 2% equalisation levy on foreign digital service providersSome, however, say it could hurt Indian companies offering services such as online travel bookings. The tax aimed at providing a level play...
- Budget 2024: Angel tax abolished, capital gains parity for VCsThe startup ecosystem has much to cheer about from the budget – from nixing the angel tax to slashing TDS for ecommerce operators and plans...
- Budget 2024: FM Sitharaman proposes to abolish angel tax for all investor classUnion Budget 2024-25: Finance Minister Nirmala Sitharaman on Tuesday proposed to abolish the angel tax for all investor classes while prese...
- Budget 2024: What is Angel Tax, abolished by Nirmala Sitharaman; What was its purpose?Budget announcements: The government on Tuesday announced the abolition of the angel tax for all investor classes, which is a huge relief f...
- Budget 2024: Key takeaways for startup ecosystemFinance minister Nirmala Sitharaman presented the Union Budget 2024 on Tuesday and announced a slew of initiatives to aid the growth trajec...
- 'Long overdue': Startup industry, VCs cheer move to abolish angel taxBudget 2024: Finance minister Nirmala Sitharaman abolished India’s angel tax, boosting the startup ecosystem. Industry leaders like Siddart...
- Abolish income tax, hike FD interest, cut it on loans: Subramanian SwamyChandigarh, Aug 24 () BJP MP Subramanian Swamy on Saturday batted for abolishing income tax, hiking interest rate on fixed deposits and low...
- This Budget, the Government needs to abolish angel tax for startups: IAN's Saurabh SrivastavaNotably, the tax was introduced to prevent and detect money laundering practices and also catch bogus startups.
- Startups' hope for a miracle dashed as Angel Tax left out of Budget 2018The complete exclusion of angel tax in the policy announcements may have clipped the wings of early-stage startups, most of which depend on...
- CBDT notifies tax exemption on investments above fair market rate for startupsIn a major incentive, startups can now issue shares to investors at higher than fair value without worrying about tax consequences.
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