Page 2 - Angel Tax

541 start-ups got angel tax exemption so far, says industry secretary

The angel tax is levied on start-ups that have received equity infusion in excess of their fair valuation, with the premium being paid by investors as their income

Accredited investors in start-ups may get exemption from angel tax: Report

Accredited investors, like trusts, individuals, family member of a start-up and unlisted companies, may get exemption from angel tax.

342 start-ups avail full angel tax concession upto Rs 25 cr since February

To avail the concession of exemption from this section, eligible start-ups have to file a duly signed self-declaration with the DPIIT

Angel tax exemption a good effort, but more needs to be done: Industry

The government's move on Tuesday to relax norms for start-ups will "unshackle angel investing" and unleash the next wave of entrepreneurship

Angel tax relief for startups: Funding cap for exemption raised to Rs 25 cr

The angel tax is levied on start-ups that have received an equity infusion in excess of the fair valuation, with the premium being paid by the investors as their income

Relaxed norms for startups will unshackle angel investing: Experts

The government Tuesday relaxed the definition of start-ups, and allowed them to avail of full angel tax concession on investments worth up to Rs 25 crore

Breather for startups: Govt raises investment cap for angel tax concession

No entity with a turnover of Rs 100 crore and above can be called a startup any longer.

Angel tax row: Govt seeks to soften the blow for start-up businesses

Last week, two start-ups - TravelKhana and Babygogo - alleged the I-T department withdrew lakhs of rupees from their accounts following a dispute over tax claims

Repeal angel tax

Rewriting Section 56 (2) to exclude start-ups is difficult

Tax deducted from bank accounts of start-ups; I-T department clarifies

The CBDT clarified that the additions in tax demands have been made using provisions of Section 68 of the I-T Act

Review angel tax

Start-ups and investors need more than easing of norms

Govt eases norms for start-ups seeking exemptions from 'angel tax'

The application of the recognised start-up will be moved by DIPP to CBDT with necessary documents

Startups ask PM Modi to abolish 'Angel Tax', call it a serious threat

If the 'Angel Tax' issue is not arrested immediately, then this will adversely affect the number of startups in India in the next 3-4 years and derail the entire Startup India movement, startups said

Govt approves easier Angel Tax exemption process for start-ups: Report

Commerce and Industry Minister Suresh Prabhu has approved a notification pertaining to this clause to make allowances for angel investors, sources said

In talks with FinMin to solve angel tax problem, Prabhu assures start-ups

Several startups have raised concerns over levying taxes on angel funds under Section 56 of the Income Tax Act

Is angel tax becoming a lost cause due to over-obsession with valuation?

The tax was implemented in 2012 to curb the flow of black money into private enterprise. That mission seems to have given way to the mathematical zeal of the tax man

Angel tax fiasco

CBDT must go beyond short-term breather for start-ups

Start-ups accredited by DIPP will no longer be asked to pay angel tax

Valuations of start-ups are based on future projections of revenue and user growth

After start-ups, now investors start receiving 'angel tax' notices

Angel investors are being asked to submit recent statements of bank accounts, income tax return and, in some case, the source of their capital, within a stipulated timeframe

Angel tax, a dampener for entrepreneurial ecosystem: Kris Gopalakrishnan

Several start-ups have raised concerns over taxation of angel funds under Section 56 of the Income Tax Act, which provides for taxation of funds received by an entity