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angel tax finance bill
Angel tax likely to be deferred to April 2024, centre proposes amendments to Finance Bill
In a big relief to Indian startups, the centre is likely to defer the Angel tax on non-residents to April 1, 2024. The Centre is learnt to have proposed amendments to the Finance Bill, which will likely be passed in the parliament today.In…
‘Angel Tax’ provisions in Finance Bill will not impact startups: DPIIT secretary
The 'angel tax' provision in the Finance Bill will not impact startups in India, a senior government official said on Tuesday. Startups registered with the Department for Promotion of Industry and Internal Trade do not come under the…