Demystifing angel tax for startups

Lisha Bansal , Last updated: 01 March 2019  
  Share

Angel tax was introduced by the UPA government finance minister, Pranab Mukherjee, in 2012 to fight against money laundering. Startups are majorly funded by friends, family and outsiders, particularly angel investors. This might provide an avenue to opportunists for converting their black money into

You have reached daily limit of 2 Free Articles. To view this or other Articles please subscribe to CCI PRO :

GST Plus

Stay updated! Stay ads free

Browse CAclubindia ads free.
Latest updates on WA.
Daily E-Newsletter and much more.

CCI PRO annual subscription :

Original Price : INR 2999/-

Offer Price : INR 1999/-

Duration : 1 year
(Prices Inclusive of GST)


Know More

Note: If you are a PRO member already, please click here to login (for ad free experience)
🤖 Summarize this with AI: 💬 ChatGPT 🔍 Perplexity 🤖 Claude 🔮 Google AI Mode 🐦 Grok

CCI Pro

Published by

Lisha Bansal
(CA Finalist)
Category Income Tax   Report

Other Articles  
Comment   Share
4 Likes   6280 Views
Comments

Related Articles


Loading


Popular Articles




Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us

CCI Articles

You can also submit your article by sending to article@caclubindia.com

submit article

Browse by Category