The sector has seen eight investments alone in April from VCs and angel investors
Chai Kings, founded in 2016, is the Chennai's largest Chai Retail chain operating with 40 stores
Sanjay Nediyara went through a great deal of hardship before setting up Sieve, a platform for freelancers to work as a team despite separated by locations
Digilooks, founded by Sushant Sharma, in April 2018, currently has operations in Delhi NCR, Jammu and Meerut
The revenue authorities have been hounding tiny companies over money raised from investors, claiming their valuations are fraudulent
The term 'angel investor' refers to anyone who invests his or her money in an entrepreneurial company (unlike institutional venture capitalists (VCs), where this is investing of other people's money).
The CBDT is expected to come out with a circular to clarify the issues
Differences over 'fair value' of fledgling firms makes assessment difficult
Certification process is tedious and will increase costs for start-ups
The commerce and industry ministry had on April 11 said that a start-up can seek tax concession under Section 56 of theI-T Act
Investors to closely watch appeals which could set guideline for angel tax
Deal volumes fell 50 per cent and deal value by 33 per cent, according to an early estimate by VCCEdge
Of regulation and tax, they might submit to one to escape another
Angel investors keep purse strings tight; top 10 put money in only 60 deals versus 209 last year