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Taxation
 
Government to further ease framework to exorcise angel tax demons
19-Jan-2019

The government is open to further easing the simplified framework that will allow startups to seek exemption from the so-called angel tax to address concerns that entrepreneurs and other stakeholders have raised. Besides, the Central Board of Direct Taxes (CBDT) will soon set up a dedicated unit for processing requests from startups and angel investors for exemption to expedite the process, a government official said.

News Source:- https://economictimes.indiatimes.com/news/economy/policy/government-to-further-ease-framework-to-exorcise-angel-tax-demons/articleshow/67596222.cms
 
 
 
 
 

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