Removing the angel tax for startups is expected to attract more investors. This change, announced by the Indian government, exempts startup investments from the tax, addressing concerns over funding and valuations. The policy shift aims to bolster the startup ecosystem by making it easier for startups to secure capital and for investors to invest without additional tax burdens. The move is anticipated to enhance the growth and innovation of startups in India.
Angel Tax Removal Boosts Investor Appeal for Startups
