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Searched Tag: angel tax
Govt pushes fintech growth, scraps angel tax

Govt pushes fintech growth, scraps angel tax

August 30, 2024, 02:53 PM - 3 min read

Prime Minister Narendra Modi on Friday said the government is taking various measures at the policy level to promote the fintech sector, which attracted over USD 31 billion investments in the last 10 years, and the abolition of the Angel Tax is also a step towards the growth of the segment

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Union Finance Minister Nirmala Sitharaman shows a red pouch carrying the Budget documents, outside the Finance Ministry in North Block before leaving for the Parliament where she will table the Union Budget 2024-25, in New Delhi, Tuesday, July 23, 2024.

Finance Min charts bold course for India's economic future

July 23, 2024, 07:46 PM - 2 min read

The budget seeks to address pressing challenges while positioning India for long-term growth and prosperity in an uncertain global financial landscape.

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Govt removes angel tax on startups for all investors

Govt removes angel tax on startups for all investors

July 23, 2024, 01:28 PM - 2 min read

Angel tax refers to the income tax that the government imposes on funding raised by unlisted companies, or startups, if their valuation exceeds the company’s fair market value.

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