India implements new income tax law with angel tax provision
A new income tax law takes effect in India, introducing a controversial angel tax targeting foreign investments in start-ups. The provision sets a ceiling on equity share issuance prices for nonresident investors.
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BusinessIndia implements new income tax law with angel tax provision
Sign in or subscribeBrowse free archive reportsA new income tax law takes effect in India, introducing a controversial angel tax targeting foreign investments in start-ups. The provision sets a ceiling on equity share issuance prices for nonresident investors.