Angel tax

Angel tax: bull’s eye or missed goal

"'Start-up India' has been one of the major initiatives of the current government as part of its flagship ‘Make in India’ programme. Since its launch in 2016, the government has been proactive in seeking stakeholder suggestions and making necessary policy changes. Providing tax-incentives to start-ups during the initial years of operation to support entrepreneurs under this initiative has been much applauded."

Vikas Vasal
Partner,Grant Thornton India LLP

This article appeared in Live Mint on 03rd May, 2018.