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ANGEL TAX SCRAP
Trump dismisses idea that Iran betrays his 'no new wars' campaign messagePresident Trump defended his stance on "no new wars," stating he never guaranteed it and that the conflict with Iran is not an "endless war...- Angel investors in India will become rarer than tigersAngel investing in India, despite recently reaching $1 billion, faces potential setbacks due to increased regulatory scrutiny. While the "a...
- 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...
- ETtech Budget Special: Angel tax scrapped, returns boost for VCsHappy Wednesday! Finance minister Nirmala Sitharaman abolished the decade-old angel tax bringing widespread cheer in the overall startup ec...
- Startups call for exempting more from angel tax; CCI ordered to look into ADIF’s plaints against GoogleThe startup industry wants angel tax to be either scrapped or have its exemption threshold of Rs 25 crore raised. This and more in today’s ...
- Startups call for exempting more from angel taxThe Centre is gathering inputs from various stakeholders and is expected to come up with a detailed clarification on angel tax in the next ...
- FM Nirmala Sitharaman makes startup bets less taxing for angelsUnion finance minister Nirmala Sitharaman announced a slew of relief measures for a slowing economy, including the scrapping of the “angel ...
- Five key takeaways from FM Nirmala Sitharaman's plan to revive Indian economyFM Sitharaman said reform is a continuous process for the government and it tops the agenda.
- Budget 2019: Government removes the sting of angel tax, entrepreneurs & investors rejoiceThe minister announced that to resolve the issue of angel tax, startups and their investors who file requisite declarations and provide inf...
- This Budget, the Government needs to abolish angel tax for startups: IAN's Saurabh SrivastavaNotably, the tax was introduced to prevent and detect money laundering practices and also catch bogus startups.
- #ShutDownIndia: Harassed over tax, Startups face an uncertain futurePushpinder Singh, founder of Travelkhana, took to Twitter to vent his agony.
- Govt plans working group to resolve angel tax tangle“We will form a small working group and try to come out with some suggestions and solutions in the next four-five days,” said Ramesh Abhish...
- Angel tax: Government plans more sops for startupsThe new set of relaxations being planned are seen as a balancing act by the government after it drew flak from investors and companies, eve...
- ‘More than 2k startups under I-T lens over angel funding’The startups said that they have received the notice for raising capital over the “fair market value” or for raising capital from unknown s...
- View: Scrap Section 56 of the I-T Act to not throttle India’s startup ecosystemThe problem with an ‘angel tax’ is that startups generally have no profits, no revenues and virtually no assets.
- Startups may soon get shield against angel tax demonsThe exemption is likely to be on past as well as proposed investments not exceeding Rs 10 crore.
- IT industry seeks clarity on tax provisions for BPO, KPO services, quashing of angel taxDespite the slowing down in growth rates, the industry has added about $24 billion revenue since FY 2016 and continues to be a net hirer.
- Union Budget 2018: Startups suggest practical solutions to key issuesMultiple issues stand unaddressed despite the clamour but industry leaders believe the most important ones that the budget can particularly...
- Budget 2017 fails to assuage key concerns of startup communityWhile some are busy hailing the few positive moves, some are not happy with the complete omission of some of the major demands which the st...
- Ease of doing business: Private equity funds and venture capitalists need clarity on tax and corporate lawsIndia has overhauled regulatory approvals needed for starting new business ventures; but that still is not good enough in global matrices.
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