Budget 2024: FM Proposes to Abolish Angel Tax [Read Bill]

The abolition of the angel tax would have a significant and wide-ranging impact on both startups and the investment ecosystem in India
Budget 2024 - Abolish Angel Tax - Budget 2024 live updates - live updates of budget 2024 - Budget 2024 highlights - taxscan

The Union Finance Minister Nirmala Sitharaman presented the full – budget 2024 today before the parliament at 11 am. To bolster the Indian start-up eco-system, boost the entrepreneurial spirit and support innovation, the FM proposed to abolish the angel tax for all classes of investors. Angel tax is a significant consideration for both startups and…

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