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Relief for start-ups: Angel tax exemption cap hiked – check details here

The primary benefit will be the end of cumbersome paperwork which start-ups and their investors had to produce to get an exemption from angel tax. Additionally, it will direct more investments into start-ups by both existing and new investors. This will create a good pipeline of companies for further investment by VCs and similar institutions and augurs well for the start-up ecosystem in India. Improved supply of startups will also encourage more investments in venture funds in-turn,” said, Sushanto Mitra, founder & CEO, Lead Angels, a privately owned angel network.

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February 4, 2025 No Comments

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