India scraps ‘angel tax’ in boost for startups

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  • July 23, 2024

India’s federal government has removed the so-called “angel tax” for all classes of investors, delivering a major victory to the country’s startup ecosystem that had lobbied for years against the measure. “To bolster the India startup ecosystem, to boost entrepreneurial spirit and support innovation, I propose abolishing angel tax for all classes of investors,” Finance […]

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