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ANGEL TAX REMOVAL
RBI widens direct equity access for overseas investors, doubles investment limits under PISThe RBI has doubled investment limits for overseas individual investors under the Portfolio Investment Scheme and extended direct equity ac...
Startup investing in India: Why angel investing is high-risk, illiquid, and suitable only for patient investors with diversified portfoliosIndian startup investing, once fueled by easy money, now demands caution due to market volatility and inherent risks. While success stories...
Stock, mutual fund investing from Tier-2, 3 cities grows fast, but limited awareness, advisory gaps remain key concernsEven as individuals from Tier-2/3 cities and beyond are rapidly embracing the world of stocks and mutual funds, gaps in advisory and awaren...
AIF returns explained: Why high alpha may exist on paper, not in cash returned to investorsAlternative Investment Funds have delivered an average alpha of 9% over the Sensex, but most of that exists only in valuations, not in cash...
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 ...
Reduction of Corporate Tax, removal of Angel Tax will help promote India-US economic ties: Ex-CEA SubramanianThe Indian government has announced measures to promote India-US economic engagement, including a reduction of corporate tax from 40% to 35...
Removal of angel tax for startups to help attract investors: Piyush GoyalAngel tax (income tax at 30% rate) was imposed on funding raised by unlisted companies, or startups, if their valuation exceeded the compan...
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...
Abolition of angel tax will boost startup ecosystem: CBDT chairmanCBDT Chairman Ravi Agrawal said the removal of this tax will act to boost the startup ecosystem in India. He would urge the community to "p...
Angel tax was on investments, such inflows should not be taxed: DPIIT secretary on removal of levyGiving a big relief to startups, finance minister Nirmala Sitharaman on Tuesday announced the removal of angel tax for all classes of inves...
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 ...
ET Explainer: What is angel tax and why has FM Sitharaman abolished it?FM Nirmala Sitharaman announced the abolishment of angel tax. Angel tax refers to the income tax levied by the government on funding raised...
Budget 2024: Zerodha’s Nithin Kamath seeks tax exemptions for startup investorsAccording to Nithin Kamath, innovative solutions like allowing investment in startups from the capital gains made on the sale of any asset ...
Budget 2024: Will Budget remove the ‘killer’ angel for the sake of Indian startups?Budget expectations for startups: Ahead of the Budget 2024, the DPIIT has proposed eliminating the Angel Tax for startups to boost capital ...
Budget 2024: DPIIT seeks Angel tax, inverted duty removal in BudgetThe Department for Promotion of Industry and Internal Trade (DPIIT) has proposed eliminating the Angel Tax for startups ahead of Budget 202...
Industry, investor bodies unite to seek removal of draconian angel taxThere is a growing concern after the I-T department ordered about 100 startups to pay tax on their marked down valuations in recent funding...
Government to make changes in section 56(2) of Income Tax Act in a bid to promote startupsIn many cases, the valuation of startups is far in excess of market value as it is based on the promise of the idea and not the immediate w...
Dear FM, please exempt startups from all taxes: NasscomNasscom has asked the Finance Ministry to exempt startups from direct and indirect taxes to reduce their compliance burden and cash outflow...
What angel investors expect from Budget 2015Evolving angel investor community calls for defining their roadmap in Rs 10,000-crore fund allocated to startups and simplification of tax ...