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3 days ago · On July 23, Finance Minister Nirmala Sitaraman proposed to abolish the angel tax for all investor classes while presenting the Union Budget 2024. The angel tax regime was originally started in ...
2 days ago · Budget 2024: In a major step, the Union Budget 2024 presented by Finance Minister Nirmala Sitharaman on Tuesday officially abolished the "Angel tax" for all classes of investors for the financial ...
2 days ago · Finance Minister Nirmala Sitharaman announced the abolition of the angel tax for all investor classes, boosting India's startup ecosystem. This move aims to enhance innovation and attract investments, addressing industry concerns amidst a significant funding slump in 2023. By Shruti Mishra July 23, 2024, 1:11:08 PM IST (Published) 4 Min Read ...
2 days ago · Finance Minister Nirmala Sitharaman has now proposed to remove the Angel Tax. Contrary to its name, Angel Tax isn't a tax break. It's a provision under Section 56(2)(viib) of the Income Tax Act, 1961.
2 days ago · Discover how the removal of angel tax in Budget 2024 is set to encourage more investors in early-stage startups. Vineeta Singh shares insights on the impact of this significant change on the ...
1 day ago · On July 23, FM Nirmala Sitharaman announced that the “angel tax” would be scrapped, bringing cheer among startups and their investors. Let's understand more about what Angel Tax is and what its removal means for the startup ecosystem.
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1 day ago · The angel tax was forcing startups to approach foreign investors and now after the removal of this clause from the Income tax act, budding entrepreneurs would be able to raise funds. Commerce and Industry Minister Piyush Goyal also said that the decision will help attract investments in the Indian startups and further promote the growth of budding entrepreneurs.
