The government will ensure that no inquiry or verification in pending cases can be carried out by the assessing officer without obtaining a...

The Biocon MD tweeted that start-ups needed a tax holiday to boost funding.

This provision is considered by the government as part of an exercise to define 'accredited investors' with a view to increase investment f...

"A total of 381 startups gave undertaking that they should be exempted from angel tax and out of that, 342 have received intimation from CB...

The accredited investors may get exemption from angel tax under Section 56(2)(viib) of Income Tax Act, 1961, beyond the Rs 25 crore limit.

The consideration assumes significance as several startups have claimed to receive angel tax notices, impacting their businesses.

The sector is now smarting under tax scrutiny which it says is unnecessary and harmful.

Currently, startups are allowed tax benefits for three consecutive years in a seven-year period, which many companies have argued is restri...

The govt allowed startups to avail tax concession only if total investment, including funding from angel investors, does not exceed Rs 10 c...

The govt has eased the procedure for seeking income tax exemption by startups on investments from angel funds.

Several startups have again raised concerns on taxation of angel funds under Section 56 of the Income Tax Act, which provides for taxation ...

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

Several startups have raised concerns on taxation of angel funds under Section 56 of the Income Tax Act, which provides for taxation of fun...

Startups with total investment including funding from angel investors up to Rs 10 crore can seek approval from an eight-member government b...

An angel investor picking up stakes in a startup should have a minimum net worth of Rs 2 crore or should have an average returned income of...

Startups in the recent past had flagged their grievances to the government regarding angel tax provision, which, they considered, was not f...

This will enable them to obtain investments from unregistered VC funds, without having to pay tax on the differential, if the investments m...