Accredited investors in start-ups may get exemption from angel tax: Report

Accredited investors in start-ups may get exemption from angel tax: Report

  • Funds start-ups receive from "accredited investors" may be exempted from angel tax if they comply with criteria on their net worth, an official said.
  • "Accredited or genuine investors can invest any amount but we will make some criteria for that.
  • There should be a linkage between investments and investors' net worth and certain income should be there," the official said.


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