Motilal Oswal
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Motilal Oswal
February 19, 2019 06:23 AM IST | Business

Angel Tax: Startups with investment up to Rs 25 crore likely to get tax exemption

Last year, the government had allowed startups to avail tax concession only if total investment, including funding from angel investors, does not exceed Rs 10 crore.
In January, the government had eased the procedure for seeking income tax exemption by startups on investments from angel funds and prescribed a 45-day deadline for a decision on such applications of budding entrepreneurs.
Published Date: Feb 18th, 2019 06:02 PM | Updated Date: February 19, 2019 06:23 AM IST
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