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SITHARAMAN ANGEL TAX
HDFC and Nippon Life India AMC shares rally upto 6% after FM Sitharaman hints at more foreign capital measuresHDFC AMC and Nippon Life AMC shares surged up to 6% after Finance Minister Nirmala Sitharaman indicated further measures to attract foreign...- Budget will spur job creation, boost investments in startups: Finance minister Nirmala SitharamanFinance Minister Nirmala Sitharaman stated that the budget proposals would boost job creation, invest in startups, and enhance economic gro...
- 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...
- Banks need to focus on their core business: Nirmala SitharamanFinance Minister Nirmala Sitharaman in an interview with ET has emphasized that banks must refocus on their primary roles of mobilizing dep...
- 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...
- 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 ...
- Budget 2024: What is Angel Tax, abolished by Nirmala Sitharaman; What was its purpose?Budget announcements: The government on Tuesday announced the abolition of the angel tax for all investor classes, which is a huge relief f...
- Budget 2024: Key takeaways for startup ecosystemFinance minister Nirmala Sitharaman presented the Union Budget 2024 on Tuesday and announced a slew of initiatives to aid the growth trajec...
- Budget 2020: Startups seek more changes to the provisions of Angel TaxWith Union Budget 2020-2021 just around the corner, India’s startup ecosystem is hopeful that the government will make further changes to t...
- Government needs to clarify on angel tax exemption, tax capital gains alike: Mohandas PaiPai met Sitharaman with a few startup entrepreneurs in New Delhi on Wednesday, and discussed issues concerning the startup sector, among ot...
- CBDT notifies creation of special cell for startupsAn order issued by the CBDT said the 'Startup Cell' will be headed by the member (Income Tax and Computerisation) of the Board.
- Angel tax was figment of people’s imagination: Piyush GoyalHe stated that the finance minister Nirmala Sitharaman had categorically clarified that there will be no harassment whatsoever.
- 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.
- CBDT simplifies process of angel tax assessment for startupsCBDT said that no verification will be done by an assessing officer if a startup has been recognised by the DPIIT and the case is selected ...
- Taxman will need approval for unrecognised startups’ scrutinyThe move follows finance minister Nirmala Sitharaman’s assurance in her budget speech that the CBDT will take steps to address issues faced...
- No misgivings for startups now, legacy issues to be resolved amicably: CBDT ChairmanIn her maiden Budget speech on Friday, Union Finance Minister Nirmala Sitharaman proposed a number of measures to resolve the problems bein...
- 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...
- Budget may bring more tax sops for startupsRamesh Abhishek, secretary at DIPP, said the department is working with finance ministry over tax benefits for startups and bring clarity i...
- Startup action plan has generated buzz among entrepreneurs: Nirmala SitharamanThe startup action plan has generated a "buzz" among budding entrepreneurs and several of them have been able to successfully attract funds...
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