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
Hello Everyone,
What do you think, India will be the next destination for startups because government is coming with some great policies for startups , let's take example of GIFT city where startups have 0% GST and first 10 years no tax for Startups.
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
I think next civil war in India happens because of tax . We are facing this huge problem since 1947 and every government force only middle class people's for tax . According to reports only 3.5% people in India paying tax and other are just enjoying
Please tell me the name of some best angel investors. Who help Startups in ideation stage.
3 replies4 likes
Sai Charan
Stealth • 5d
Modi government startup FAKERY
- Congress president Mallikarjun Kharge targeted the Modi government for providing the Indian startups with"almost negligible support, which he called a "STARTUP OF FAKERY."
- Barely1.58% of the accredited startups
hi, do you think government can act as Competitors to startup i mean in the sector of fintech by introducing upi. or they are just a helping hand to startups.
0 replies3 likes
Nawal
Stealth • 2d
Reality of startup india scheme
Core Features of the Startup India Initiative according to the Government of India:
Ease of Doing Business: Simplified compliance, self-certification, and single-window clearances streamline processes for startups.
I was just thinking about how it would be if the government decided to provide tax benefits to business owners for teaching classes in colleges and schools.