Back

Anonymous

Anonymous

Hey I am on Medial • 12m

The Department for Promotion of Industry and Internal Trade (DPIIT) has requested the government to remove the angel tax on startups ahead of the upcoming Budget. "We had recommended this in the past as well," DPIIT Secretary Rajesh Kumar Singh said. Angel tax is levied when an unlisted company issues shares at a valuation higher than the fair market value.

Reply
2
7

More like this

Recommendations from Medial

Image Description
Image Description

kashiff suhail

Startup enthusiast. • 2m

we successfully got the startup recognition certificate by Department for Promotion of Industry and Internal Trade (DPIIT)

9 Replies
8

King 11

Hey I am on Medial • 5m

i have designed a gold valuation software for banking in vb 6.0 all personal the can use in banking sector and personal loan department exice department and income tax department

Reply
4
Image Description

Ashish Singh

Finding my self 😶‍�... • 6m

Mumbai Surpasses Bengaluru in Funding: In a significant shift, Mumbai emerged as India's most-funded startup hub in 2024, raising $3.67 billion across 175 deals, slightly surpassing Bengaluru's $3.43 billion from 285 deals. This change was largely at

See More
1 Reply
2

Arun Bairagi

Serious Thinker • 5m

Number of people earning more than 1 crore per year in India, according to the Income tax department.

Reply
2
3
Image Description
Image Description

CA Jasmeet Singh

In God We Trust, The... • 3m

🚀 Section 80-IAC: Tax Exemption for Startups! 💡 If you're a startup recognized by DPIIT, you can claim a 100% tax deduction on profits for 3 consecutive years out of the first 10 years! 🎉 📌 Eligibility: ✅ Incorporated as a Private Ltd. Co. or L

See More
14 Replies
7
15
Image Description
Image Description

LIKHITH

 • 

Medial • 3m

JUST IN 📢 Government officers can access your email and social media ! The Income Tax Department already has the authority to conduct physical searches and seizures of assets.It is now extending into digital space. According to the Economic Ti

See More
15 Replies
1
11
Image Description

Nawal

Entrepreneur | Build... • 9m

This is bad 🔥 This might be the end of BYJUs A total of 1,887 creditors have filed claims amounting to $1.5 billion against Byju's, with most claims still under review. Notably, Indian tax authorities are seeking $101 million in dues from the tro

See More
1 Reply
4
Image Description
Image Description

Sandip Kaur

Hey I am on Medial • 10m

Essential Tax Tips Every Indian Startup Shld Know- Navigating taxes can be tricky for startups, but mastering them is crucial for growth. Here’s what every Indian entrepreneur shld keep in mind: •Startup India Exemptions: If your startup is recognize

See More
7 Replies
2
16

Download the medial app to read full posts, comements and news.