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Indian government to take a stand on angel tax within a week

The Indian government is reportedly all set to take a decision on the angel tax issue that startups…

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1 min read

Taxed for being an ‘angel’? Several start-ups won’t benefit even as angel tax is revoked, say experts

'Angel tax' is the tax that the government planned to levy on investments in start-ups; however, si…

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Indian government finally comes to a decision on Angel Tax, changes definition of startups

The Indian government has announced a new definition for startups to handle the angel tax issue. …

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No Angel Tax for startups registered with DPIIT, says Finance Minister Nirmala Sitharaman

In another move to boost innovation, Finance Minister Nirmala Sitharaman announced that Section 56(…

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Two Indian startups say the government broke their faith by raiding their bank accounts

Siddhartha Ahluwalia, co-founder of Sheroes and founder of Babygogo, told Business Insider he re…

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Indian government just added a lot more red tape for startups while trying to fix the devilish ‘angel tax’

Now, the government has introduced changes to tax laws under the Section 56(2) (vii b) of the In…

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Govt to abolish angel tax on investments in startups

The removal of the angel tax is expected to be a boost for startups as it will help in promot…

PTI   


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In a bid to boost entrepreneurship, Indian government scraps angel tax for investors funding startups

Under existing rules, funds raised by an unlisted company through equity issuance are covered under…

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Startups demand angel tax elimination, incentives on investments in upcoming budget

Startups in India have high expectations from this year's upcoming Union Budget. The early-age star…

ANI   


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Budget 2019: Declarations can save Indian startups from angel tax scrutiny

The startups will also not be required to justify the share market value of their shares allocat…

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Direct tax treatment for startups should be separate, says a panel appointed by Finance Minister Nirmala Sitharaman

The thrust seems to be in ensuring that there is no direct interface between the taxman and the …

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CBDT exempts startup investments from 21 nations including US, UK from angel tax

India’s finance ministry has announced that non-resident investors in unlisted Indian start-ups fro…

PTI   


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The government can be an 'angel' if it replaces tax with incentives, explains a startup groomer

One of the biggest debates in the Indian startup ecosystem has been angel tax. From pleas to remova…

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3 mins read

While startups are getting harassed, India’s taxman is turning a blind eye to the evading builders

Meanwhile, 95% of India’s real estate builders and agents have never shared filed income tax r…

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Removed Angel Tax, taking policy measures to promote fintech sector: PM Modi

Lauding the fintechs for democratising financial services, Modi said the sector, which has attracte…

PTI   


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Budget 2019 royally ignored India’s startups

Indian startups had big hopes from the Budget 2019 but the government failed to bring anything on b…