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 ...
25 Apr, 2023, 06.00 AM IST
Foreign angels – trouble in Indian paradise?While the FEMA Regulations permit an Indian company to raise capital from foreign investors at or above the fair market value of the shares...
21 Apr, 2023, 04.45 PM IST
No Angel Tax for DPIIT registered startups: FM Nirmala SitharamanThe angel tax had been in the spotlight in the past with the startup ecosystem calling it an unfair tax burdening the community.
23 Aug, 2019, 07.56 PM IST
Small startups may not get promised tax holidayStartups exceeding the turnover threshold of Rs 25 crore stand to lose out on the tax holiday.
23 Aug, 2019, 09.57 AM IST
How Budget 2019 can create an enabling and supportive ecosystem for startupsTo foster a spirit of entrepreneurship among the youth, the government needs to drive game-changing reforms that offer relief and tax sops ...
04 Jul, 2019, 02.43 PM IST
HNIs may get to invest tax free in StartupsCurrently, only the listed companies, with an annual turnover of Rs 250 cr and net worth of Rs 100 cr, get a tax exemption for investments ...
07 Mar, 2019, 07.13 PM IST
Startups to get angel tax relief retrospectively from Feb 19Clauses of Section 56 of the I-T Act won’t apply to cos if they meet criteria laid down by DPIIT.
07 Mar, 2019, 02.26 PM IST
Angel tax threshold at Rs 25 crore? What the startup sector really wantsTax demands on angel funding are hurting the world's 2nd largest start-up hub.
09 Feb, 2019, 11.23 AM IST
Government plans to offer more tax sops for startupsCurrently, startups are allowed tax benefits for three consecutive years in a seven-year period, which many companies have argued is restri...
09 Feb, 2019, 10.58 AM IST
Angel tax exemption may be hiked to Rs 25 croreAngel tax is a term used to refer to the income tax payable on capital raised by unlisted companies via issue of shares.
09 Feb, 2019, 06.54 AM IST
What Budget 2019 can do to reduce your tax burdenInterim Budget 2019 could offer individual taxpayers certain benefits and tax exemptions, which will have a positive impact on personal sav...
01 Feb, 2019, 07.57 AM IST
DIPP to hold round table on angel tax row on February 4The call for talks comes in the wake of concerns triggered by the government’s announcement that tax exemption would apply to only those st...
25 Jan, 2019, 04.31 PM IST
Government to further ease framework to exorcise angel tax demonsThe latest overhaul of the startup framework was prompted after a number of startups and angel investors received notices from the income t...
19 Jan, 2019, 06.40 AM IST
Definition tweaked, startups can seek exemption from angel taxStartups with total investment including funding from angel investors up to Rs 10 crore can seek approval from an eight-member government b...
13 Apr, 2018, 11.16 AM IST
A provision meant to curb money laundering is stifling startups. Can Budget 2018 correct the mistake?With most startups taking years just to break-even, treating part of the hard-earned cash that came in from angels as taxable income, even ...
23 Jan, 2018, 10.11 AM IST
OECD cuts India's growth forcast to 7%The Organisation for Economic Cooperation and Development (OECD) had in February last year projected the country's economy to expand at 7.4...
01 Mar, 2017, 01.23 AM IST
- New York Yankees hit with $26.9 million luxury tax
The New York Yankees not only failed to make the playoffs, they were hit with their highest luxury tax in three years.
24 Dec, 2008, 03.53 AM IST