Should Budget 2018 abolish angel tax (currently applicable to startups that raise money from HNIs/Angels)?

Angel Tax Description: if a start up company receives from a resident in excess of a fair value, then sale of such shares are taxed as 'income from other sources' at a rate of 30 percent and this tax is called as Angel Tax.

Viewed by 4569

Related Poll

Share
Enter your email and mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

All My Circles
Invite to
(Maximum 500 email ids allowed.)