Belfast · Northern Ireland

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.

EmailReport an error

Herald Premium Archive

This report is for subscribers

Sign in or choose a plan for full access to every Belfast Herald story and the complete archive.

BusinessIndia 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.

Sign in or subscribeBrowse free archive reports