Start-ups

Mini Budget: FPI surcharge rolled back; no angel tax for start-ups

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Vikas Vasal, partner at Grant Thornton India, said, “Removal of the ‘angel tax’ will go a long way in building trust and confidence in the start-ups and the investors, and shows the government’s resolve towards ease of doing business and encouraging entrepreneurship.”

This article appeared in Business Standard on 24th Aug, 2019.