Budget 2019: PE, VC investors get a boost; angel tax norms eased

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Credit: VCCircle

Finance minister Nirmala Sitharaman proposed on Friday a bunch of tax incentives to Alternative Investment Funds (AIFs) and cleared the air on the ‘angel tax’, bringing some cheer to the private equity and venture capital industry. In the budget, Sitharaman proposed to allow in category I and II AIFs to ‘pass-through’ ......

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