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
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Tarun Suthar
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The Institute of Chartered Accountants of India • 9m
finally got medial updated 🙌. the new Ui is great.
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Anirudh Gupta
Stealth • 6m
Meme news #8
Angel tax has been abolished.A fresh breath for startups and investors.
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
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