TOPIC

Angel Tax

News Reports

Budget 2024: P Chidambaram and Shashi Tharoor take credit after BJP abolishes angel tax, forgets how Congress introduced it in 2012

OpIndia Staff - 23 July, 2024

Congress' P Chidambaram took cognizance of the event and targeted the govt for taking so long to abolish the so-called tax. He said that the Congress had pleaded for the abolition of the angel tax and finally the Finance Minister announced it today. Ironically, it was Congress who had made changes in the Income Tax Act to introduce the Angel Tax.

News Reports

Read all the big announcements made by Finance Minister Nirmala Sitharaman to boost the economy

OpIndia Staff - 23 August, 2019

Union Finance Minister Nirmala Sitharaman announced widespread reforms in order to address economic concerns.

News Reports

Government extends relief to startups, simplifies the process of angel tax assessment

OpIndia Staff - 11 August, 2019

The Central Board of Direct Taxes (CBDT) has clarified that no verification will be done by an assessing officer if a startup has been recognised by the Department for Promotion of Industry and Internal Trade.

News Reports

Budget 2019: Startups and investors can do away with ‘Angel Tax’ by filing requisite declarations

OpIndia Staff - 5 July, 2019

Angel Tax is a 30% tax that is levied on the funding secured by startups from an external investor

Government and Policy

Rahul Gandhi makes attractive promises for Startups, but Modi govt has already implemented them

OpIndia Staff - 29 March, 2019

The promises made by Rahul Gandhi for startups are already implemented under startup India and other initiatives of Modi government.

Interviews

‘Our effort is to win 1 seat more than 2014 in Uttar Pradesh, not any less’, Piyush Goyal talks about elections and much more

Nupur J Sharma - 18 February, 2019

OpIndia.com recently had the opportunity to interview Union Minister of Railways, Piyush Goyal. During the interview, Goyal answered questions on a variety of issues including BJP's electoral prospects ahead of the 2019 General elections and the interim budget which he presented as the interim Union Minister.