Relief for startups: Angel tax norms relaxed - newsbox

newsbox

Get the latest news update on Business, Politics, Sports, Entertainment,stories & Much More From India And around the world.

Wednesday, February 20, 2019

Home Business News: Latest News on Business Financial News India Business & World Business News Stock Markets Relief for startups: Angel tax norms relaxed

Relief for startups: Angel tax norms relaxed

A notification regarding simplifying the process for startups to get exemptions on investments under section 56(2)(viib) of Income Tax Act, 1961, will be issued shortly. The definition of startups has been enhanced to an entity which has been in operation for up to ten years from its date of incorporation or registration, instead of the current seven years.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2TXtake
Tags
Author Image

About NIRMALYA
Templatesyard is a blogger resources site is a provider of high quality blogger template with premium looking layout and robust design. The main mission of templatesyard is to provide the best quality blogger templates which are professionally designed and perfectlly seo optimized to deliver best result for your blog.

By at
Labels: , , ,

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)