Union Budget 2024: What Is Angel Tax? All Investor Classes Exempted From This Tax
23 Jul 2024
The Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman, announced the removal of ‘angel tax’ for all types of investors during her Union Budget 2024-25 presentation in Parliament. This decision is intended to strengthen the Indian start-up ecosystem, encourage entrepreneurship, and support innovation. She also proposed lowering the...
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