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
Meme news #8
Angel tax has been abolished.A fresh breath for startups and investors.
0 replies14 likes
Vaibhav Babruwan Shingde
Student • 1y
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
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6 replies17 likes
Kevin Gohil
Helping startup in f... • 4m
I have angel investors who are ready to invest in your startup, so those who have the startups dm me fast!!
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