Startups 2019

Startups urge Narendra Modi to abolish angel tax as it poses 'serious threat' to Start Up India movement

iSPIRT, representing more than 60 startups in its letter asked the government to abolish tax on angel investments that has "victimised" many startups

Govt eases process for startups to seek tax exemption on angel fund investments

The government has eased the procedure for startups to seek income tax exemption on investments from angel funds as part of efforts to address concerns of budding entrepreneurs

Budget 2019: IT industry seeks clarity on tax provisions for BPO and KPO services, quashing of angel tax

IT industry body Nasscom has urged the government to clarify tax provisions that treat BPO-KPO services as intermediaries under GST rules, and scrap angel tax levied on investments in startups