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Meme news #8 Angel tax has been abolished.A fresh breath for startups and investors.

A 2% tax on trillionaires would literally fix absolutely everything.

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 sai

In an attempt to encourage more investments in the Indian startup ecosystem, Union Finance Minister Nirmala Sitharaman announced that the angel tax will be abolished for all classes of investors. The angel tax, introduced in 2012 to prevent money la

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

"Most common trait of short sighted people is to draw conclusions out of everything around instantly" Open for more!

India's Biggest Tax Contributors... Personal income tax is still India's biggest tax contributiors, accounts for more than 30% of total tax collections

Financial knowledge Indian Tax slabs Income tax slabs categorize taxpayers based on their annual income, determining the applicable tax rates. Here's a breakdown: 1. Nil Tax: Annual income up to ₹2.5 lakh for individuals below 60 years. 2. 5% Tax: I

🚀 Everything You Need to Know About TAX AUDIT in Just 5 Minutes! 📊💡 🔎 What is a Tax Audit? A tax audit is a detailed examination of a taxpayer’s books of accounts to verify: ✅ Income & Deductions ✅ Compliance with the Income Tax Act, 1961 ✅ Prop

Angel investors or VC? And why?