To build up the startup growth in India, Internet and Mobile Association of India (IAMAI) industry along with tax consultants has recommended lowering the taxes for angel investors. The idea behind this introduction is to curb generation and use of unaccounted money. IAMAI recommends that the one could limit the scope of taxation, exclude investments … Continue reading “Taxes for angel investors to be lowered to buildup startup growth”

CBDT entered into two more unilateral Advance Pricing Agreements (APAs) on 27th April, 2017.

The Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016 (PMGKY) had commenced on 17th December, 2016 and was open for declarations up to 31st March, 2017.