Motilal Oswal
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Motilal Oswal
Business

Startups to raise concerns over new angel tax notification with government

Updated : January 18, 2019 06:22 PM IST

The government on Wednesday eased the procedure for seeking income tax exemption by startups on investments from angel funds.
Industry bodies are expected to recommend an increase in the limit for share premium of startups to Rs 25 crore from Rs 10 crore to make it more feasible for investors.
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