Private equity and venture capital investment into closely held companies routed through jurisdictions not mentioned will have to undergo s...

The Centre is gathering inputs from various stakeholders and is expected to come up with a detailed clarification on angel tax in the next ...

With Union Budget 2020-2021 just around the corner, India’s startup ecosystem is hopeful that the government will make further changes to t...

Pai met Sitharaman with a few startup entrepreneurs in New Delhi on Wednesday, and discussed issues concerning the startup sector, among ot...

The move follows encouraging signs from the government decision to simplify the rules for angel tax exemption, with 508 startups already be...

"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.

Clauses of Section 56 of the I-T Act won’t apply to cos if they meet criteria laid down by DPIIT.

Investment limit raised to Rs 25 cr from Rs 10 cr for availing of tax exemption

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.

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

CBDT Chairman Sushil Chandra said they have received several suggestions from startups on exempting them from angel tax.

IVCA members on Tuesday met Ramesh Abhishek, secretary and Anil Agarwal, joint secretary with Department of Industrial Policy and Promotion...

The latest overhaul of the startup framework was prompted after a number of startups and angel investors received notices from the income t...

Changes notified on Wednesday provide a simpler mechanism to claim exemption from the tax for previous and future investments.

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