Budget: Govt’s approach on Angel Tax under radar

Budget: Govt’s approach on Angel Tax under radar
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  • It was a cold February morning in New Delhi when Finance Minister Arun Jaitley had delivered the BJP government’s maiden budget to a nation marred by economic instability, farm distress and a vulnerable middle-class.
  • Chase to 2019, against the countdown to the budget that has already begun, interim finance minister Piyush Goyal will deliver his first budget, the last to be presented by the Prime Minister Narendra Modi-led government before the impending 2019 general elections.
  • This budget is going to be crucial because it offers PM Modi one last opportunity to declare measures for the millions pinning their hopes on him and the electorate that’ll decide if it’s a yay or a nay for him this May.
  • In 2014, India was showing confident signs of a burgeoning startup ecosystem with great investments and M&A's taking place.
  • In order to boost small businesses and the MSME sectors, Jaitley announced various schemes and policies in sync with PM Modi’s Startup India action plan.


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