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...
26 Jul, 2024, 01.03 AM IST
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...
24 Jul, 2024, 06.24 PM IST
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...
24 Jul, 2024, 07.58 AM IST
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...
23 Jul, 2024, 11.37 PM IST
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 ...
23 Jul, 2024, 10.17 PM IST
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...
23 Jul, 2024, 05.03 PM IST
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...
31 Jan, 2020, 04.09 PM IST
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...
20 Sep, 2019, 05.57 PM IST
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.
30 Aug, 2019, 06.18 PM IST
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.
23 Aug, 2019, 08.04 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
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 ...
10 Aug, 2019, 08.33 PM IST
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...
09 Aug, 2019, 08.57 AM IST
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...
06 Jul, 2019, 03.45 PM IST
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...
05 Jul, 2019, 04.34 PM IST
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...
17 Jan, 2017, 07.39 AM IST
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...
28 Mar, 2016, 06.05 PM IST