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 MoreThe budget also proposes the creation of dedicated ecommerce export hubs, aiming to significantly boost India's online trade
Read MoreBy eliminating the tax, the government acknowledges the significant contributions of the alternative assets and private capital industry, which play a pivotal role in fostering enterprise creation and innovation
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 MoreIn anticipation of the Union Budget 2024, there is a strong call for enhanced support for the digital economy, which is seen as central to Prime Minister Modi’s vision of a 'Viksit Bharat' by 2047. Experts stress the need for bolstered digital infrastructure, innovation incentives and a favourable regulatory environment
Read More