Angel tax concerns: Startups required to seek tax exemption from inter-ministerial board, says govt
• 6 years agoSeveral startups have raised concerns on taxation of angel funds under Section 56 of the Income Tax Act, which provides for taxation of funds received by an entity.
Sebi to discuss various stock market reforms at board meet tomorrow
• 7 years agoSebi plans to bring in additional disclosure requirements for listed corporates undergoing insolvency resolution process as well as amend norms pertaining to minimum public shareholding norms and other provisions for such entities
Black money in startups? Angel tax is in fact obstructing entrepreneurship, say experts
Sulekha_nair • 7 years agoThere is no math that can say how a valuation is arrived at for startup. There is no profitability matrix. Valuation cannot be linked to revenues. So why this tax?