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Tag Archives: Funds received by startups from genuine investors may get exemption from angel tax

Funds received by startups from genuine investors may get exemption from angel tax

Presently, the government allows startups to avail complete angel tax exemption on investments up to Rs 25 crore and now, funds received by startups from accredited investors may also be exempted from angel tax but subject their compliance with enlisted net worth criteria. This provision is considered by the government …

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