The ‘StartupIndia’ scheme was launched by the Indian government on 16 January 2016. This scheme comes under the ‘Make in India’ scheme. The aim was to encourage entrepreneurship in India. First, let’s take a quick look at ‘Make in India’ scheme. On 25 September 2014, Prime Minister Narendra Modi launched the “Make in India” initiative. […]
What is Angel Tax? It is basically a term used to refer the income tax payable for the start-ups on the capital raised by them, or unlisted companies via the issue of shares through off market transactions.. The rate of angel tax was a hefty 30.9 per cent. This was applied not just to mature[…..]