Budget 2024: DPIIT Recommends Removal Of Angel Tax On Startups – News18
Budget for the 2023-24 fiscal (April 2023 to March 2024) widened the ambit of angel tax to include foreign investments. In September last year, the IT Department notified new angel tax rules that comprise a mechanism to evaluate the shares issued by unlisted startups to investors Ahead of the Union Budget, the Department for Promotion…