While unlisted bonds and debentures, debt mutual funds, and market-linked debentures, irrespective of the holding period, will attract tax on capital gains at applicable rates
Read MoreSiddarth Pai, Founding Partner at 3one4 Capital and Co-Chair of the Regulatory Affairs Committee at IVCA, highlights that the introduction of the Variable Capital Company (VCC) structure for AIFs in GIFT IFSC is another forward-looking measure
Read MoreThe budget also proposes the creation of dedicated ecommerce export hubs, aiming to significantly boost India's online trade
Read MoreThe much-anticipated removal of the angel tax is hailed as a pivotal development, aimed at eliminating barriers for early-stage companies and attracting a surge of domestic and foreign investment
Read MorePrior to the budget, the Department for Promotion of Industry and Internal Trade (DPIIT) had recommended the removal of the angel tax, following consultations with the startup community
Read MoreThe Union Budget is expected to be finely balanced, maintaining fiscal prudence while addressing key startup priorities, including tax reforms, infrastructure investments and enhanced support for emerging sectors like Cleantech, deeptech, AI and more
Read MoreIn June, the Reserve Bank of India (RBI) revised the growth forecast for FY25 to 7.2 from 7 per cent. According to the official figures, the country has witnessed growth of over 7 per cent in the last three year
Read MoreVenture capital investors and startup founders are hopeful that the Modi Government 3.0 will repeal the angel tax
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