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angel tax

Angel tax: Some relaxation for startups but riders remain

TMT

19 February, 2019

Angel tax: Some relaxation for startups but riders remain

The Indian government on Tuesday sought to relax the provisions of  the ‘angel tax’ that ends up taxing startups for ......

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Former Tata Steel execs lead seed round in steel and industrial goods retail firm

Manufacturing

18 February, 2019

Former Tata Steel execs lead seed round in steel and industrial goods retail firm

As many as 17 individuals, led by two former Tata Steel Ltd bosses, have invested in the seed round of ......

Angel tax: Govt freezes accounts of Sheroes-owned Babygogo, VC-backed TravelKhana

Economy

08 February, 2019

Angel tax: Govt freezes accounts of Sheroes-owned Babygogo, VC-backed TravelKhana

Just after assuring angel investors and startup entrepreneurs of a speedy resolution to the issues surrounding angel tax, the government ......

In angel tax assessment, shift focus from companies to investors

Finance

29 January, 2019

In angel tax assessment, shift focus from companies to investors

While the jury is still out on whether the 16 January notification of the Department of Industrial Policy and Promotion ......

Angel investors, startups get tax notices despite new norms

TMT

19 December, 2018

Angel investors, startups get tax notices despite new norms

Startups are up in arms again over the vexed issue of ‘angel tax’ despite the government relaxing the norms earlier ......

Govt eases norms but stops short of abolishing angel tax on Indian startups

TMT

12 April, 2018

Govt eases norms but stops short of abolishing angel tax on Indian startups

The Department of Industrial Policy and Promotion (DIPP) has notified an amendment to the angel tax rule that will bring ......

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Matrix Partners portfolio firm possibly ensnared in angel tax net

Healthcare

14 February, 2018

Matrix Partners portfolio firm possibly ensnared in angel tax net

A healthcare portfolio company of Matrix Partners is under scrutiny of tax authorities over an investment made by the venture ......

Govt may scrap angel tax for startups with less than Rs 10 crore funding

TMT

06 February, 2018

Govt may scrap angel tax for startups with less than Rs 10 crore funding

The Department of Industrial Policy and Promotion (DIPP) is soon going to notify an amendment to the angel tax for ......

FinMin's angel tax clarification raises more questions, opens Pandora's box

TMT

05 February, 2018

FinMin's angel tax clarification raises more questions, opens Pandora's box

There seems to be no end to the ‘angel tax’ conundrum. The new clarification by Finance Secretary Hasmukh Adhia stated ......

Govt scraps 'angel investment tax' that probably no one paid

TMT

18 June, 2016

Govt scraps 'angel investment tax' that probably no one paid

The government has scrapped the so-called ‘angel investment tax’ on investors providing funding to startups.This means resident angel investors, domestic ......