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Tag: New Tax Regime Slabs Changed

Angel Tax For All Classes Of Investors To Be Abolished, Says Nirmala Sitharaman

Posted on July 23, 2024 By admin
Angel Tax For All Classes Of Investors To Be Abolished, Says Nirmala Sitharaman

Representational Image New Delhi: In a bid to bolster the Indian startup ecosystem, the Centre today announced the abolishment of angel tax for all classes of investors. Angel tax is levied on the capital raised via the issue of shares by unlisted companies from an Indian investor if the share price of issued shares is seen…

Read More “Angel Tax For All Classes Of Investors To Be Abolished, Says Nirmala Sitharaman” »

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