Budget 2024: Venture investors call abolition of angel tax a ‘huge reform’, aligns with Startup India initiative

Budget 2024: Venture investors call abolition of angel tax a ‘huge reform’, aligns with Startup India initiative

Budget 2024: Presenting her seventh Union Budget in Lok Sabha, Finance Minister Nirmala Sitharaman on Tuesday announced the scrapping of angel tax for all investors. Venture investors hailed the proposed abolition of the decade-old tax regime as “a huge reform.” Harsh Bhuta, Partner, Bhuta Shah, and Co LLP said that removing Angel Tax marks a … Read more