The centre proposed the finance bill with amendment the angel tax provision or the section 56(2) (viib) of the income tax act in the budget...

In her budget speech on February 1, Finance minister Nirmala Sitharaman had announced that employees at startups exempt under Section 80-IA...

DPIIT, MeitY expected to persuade Finmin to extend beneficial clause to all startups.

They said that while the steps are in the right direction, angel tax has to be applied as an exception and not the other way.

FM Sitharaman said reform is a continuous process for the government and it tops the agenda.

A favourable tax regime for Esops would aid startups in retaining talent, experts say.

In its pre-Budget wish-list to the finance ministry earlier this week, Nasscom has also pushed for removal of constraints related to fundin...

Founded in May 2016 by Parul Ganju and professor Krishnamurthy Natarajan , Ahammune Biosciences is a drug discovery company focused on immu...

Under the new norms, a budding entrepreneur with a turnover of less than Rs 25 crore can avail tax breaks and other benefits for a five-yea...

Startups are disappointed with Budget for not bringing any tax reform because of which they would still have to pay taxes for every round o...

Jaitley will probably stick to the word in his attempt to create a macroeconomic balance and provide headroom for monetary easing.

Its loan book stood at Rs 2.19 lakh crore as of December 31, 2014, as against Rs 1.92 lakh crore in the same period of previous year.

Analysts' were anticipating a net profit of Rs 1353 cr and a net interest income of Rs 2140 cr for the second quarter of the current financ...

Tata Steel Ltd's quarterly profit nearly doubled as costs at India's top steelmaker by market value fell sharply, making up for a dip in sa...

Many banks may miss the loan-growth target as consumer loans, their last bastion, falter since individuals defer purchase awaiting new ince...

The sector has sought incentives in the Budget, including higher flow of domestic capital through a liberal tax regime.

Markets cheered the finance minister's announcement, closing in the green even as election results in France and Greece weighed heavy on gl...