Sebi is considering regulating Angel Funds under its norms following the abolition of Angel tax. A consultation paper highlighted gaps in o...

The Union Budget 2024 brought respite for venture investors as it abolished the decade-old Angel tax. When asked about the reason behind th...

CBDT Chairman Ravi Agarwal stated that recent tax changes will significantly benefit home buyers and investors. The new provisions, effecti...

The Singapore Indian Chamber of Commerce and Industry (SICCI) praised India's Union Budget 2024-25 for its emphasis on skills development, ...

Happy Wednesday! Finance minister Nirmala Sitharaman abolished the decade-old angel tax bringing widespread cheer in the overall startup ec...

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 ...

Some, however, say it could hurt Indian companies offering services such as online travel bookings. The tax aimed at providing a level play...

The startup ecosystem has much to cheer about from the budget – from nixing the angel tax to slashing TDS for ecommerce operators and plans...

FM Nirmala Sitharaman announced the abolishment of angel tax. Angel tax refers to the income tax levied by the government on funding raised...

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

Finance minister Nirmala Sitharaman presented the Union Budget 2024 on Tuesday and announced a slew of initiatives to aid the growth trajec...

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

Chandigarh, Aug 24 () BJP MP Subramanian Swamy on Saturday batted for abolishing income tax, hiking interest rate on fixed deposits and low...

Notably, the tax was introduced to prevent and detect money laundering practices and also catch bogus startups.

The complete exclusion of angel tax in the policy announcements may have clipped the wings of early-stage startups, most of which depend on...

In a major incentive, startups can now issue shares to investors at higher than fair value without worrying about tax consequences.