Naspers may lead $55 mn funding round in ElasticRun; UPI transactions beat credit, debit cards

Team TC

South African internet and media giant Naspers is likely to lead a $55 million funding round in logistics startup ElasticRun. ....

3 September, 2019

No tax holiday for startups with Rs 25cr + turnover: CBDT; small enterprises to get Alibaba-like platform

Payal Ganguly

The Central Board of Direct Taxes (CBDT) said in a statement on Thursday that tax holiday for startups will only be extended to ....

23 August, 2019

India may tax global tech firms; tax panel recommends use of AI

Team TC

MNC tech firms may have to pay tax in India. Expert tax panel wants department to use AI for increasing collections. CBDT looking ....

20 August, 2019

Startups freed from angel tax blues

Payal Ganguly

The government has clarified that provisions for relaxation from angel tax also applies to companies that had received assessment ....

13 August, 2019

Angel tax breather for startups, central body soon to handle complaints against ecommerce firms

Payal Ganguly

Startups battling notices on angel tax can breathe easy after the recent clarification from the finance ministry, which said that ....

9 August, 2019

Finance ministry clarification helps startups breathe easy on angel tax

Payal Ganguly

A clarification issued by the finance ministry on Wednesday has provided some relief to startups recognised by the Department ....

8 August, 2019

Budget 2019: No clarity on ‘angel tax’; committee to look at pending cases

Team TC

Even as the startup ecosystem hoped that the scourge of ‘angel tax’ will be done away with, the government’s ....

5 July, 2019

Despite relief from govt, angel tax comes back to bite startups

Payal Ganguly

Despite 702 startups being granted exemption letters by the Central Board of Direct taxes, the so-called angel tax is back to ....

27 June, 2019

Angel tax: Govt freezes accounts of Babygogo, TravelKhana

Payal Ganguly

Just after assuring angel investors and startup entrepreneurs of a speedy resolution to the issues surrounding angel tax, the ....

8 February, 2019

Investors, startups get govt assurance on angel tax, but little else for now

Payal Ganguly

Top government officials assured angel investors and startup entrepreneurs on Monday that tax and industry departments will look ....

4 February, 2019

Industry bodies join hands to push for angel tax breather

Payal Ganguly

Industry bodies associated with startups and investors have come together to make representations to the government in a bid to ....

3 January, 2019

Angel tax: Startups cry foul after being hit with notices despite new norms

Payal Ganguly

Startups are up in arms again over the vexed issue of ‘angel tax’ despite the government relaxing the norms earlier ....

19 December, 2018