Budget 2019 expectations: Start-ups demand removal of Angel Tax, reduction in corporate tax
30 Jan 2019 12:29 AM GMT
The move will help government to create a sustainable environment for both investor and the start-up attracting angel investment.
- Budget 2019 expectations: Start-ups demand removal of Angel Tax, reduction in corporate tax On account of Angel Tax hitting both angels and the start-ups dearly
- , the Micro, Small and Medium Enterprises (MSMEs) have demanded from the Narendra Modi government to remove the Angel Tax in coming budget.
- Aprameya Radhakrishna, CEO and Co-founder, Vokal told Zee Business Online, "Start-ups are looking forward to abolish the so called ‘angel tax’ forever.
- As a start-up, we don’t expect the government to tax us for having raised angel investment.
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