FM Nirmala Sitharaman announced the abolishment of angel tax. Angel tax refers to the income tax levied by the government on funding raised...

This means startups registered by the DPIIT Start-ups will not face tax verification on account of angel taxation in case they are picked u...

The Indian government has issued final valuation rules for overseas investments in startups, aimed at reducing disputes related to angel ta...

The government announced revised Angel Tax regulations, preserving the five valuation methods from the draft rules. They introduced a mecha...

A founder who is in the middle of raising a down round said the threat of getting I-T notices has gone up especially after the government b...

The rules released for public feedback offer investors the choice of five valuation methods for determining angel tax incidence under Secti...

Investors laud clarity on tax incidence, say it stops arbitrary application

India on Friday proposed to exclude a host of foreign investors including sovereign wealth funds and pensions funds from the purview of the...

The Reserve Bank of India (RBI) administered Foreign Exchange Management Act (FEMA) accepts valuation by a Sebi-registered Category 1 merch...

Angel tax, introduced to check unaccounted money circulating as share premium, was not imposed on foreign investments, which face gatekeepi...

Privately held companies such as startups that issue shares to foreign investors at a premium may be subjected to additional taxation requi...

Ruling on a ‘Cinestaan vs Income Tax Dept’ angel tax case, the Delhi High Court said if a proper methodology is followed while valuing a st...

CBDT plans to write to principal commissioners asking them to go after investors rather than startups in cases where the source of funding ...

This is set to impact several tax disputes around valuations in companies including angel tax disputes.

Experts said tax regulations had been modified in 2010 to prevent money laundering.

The government has said no coercive action will be taken to recover the demand and has set up a committee to review the entire issue.

DIPP said it will take up the matter of tax notices with the department of revenue.