Key issues of Angel Tax resolved; Tiger Global invests $90M in Ninjacart
24 April 2019 7:00 PM GMT
In the digital world, the enemy is not at the gates, but inside devices, buildings, and systems, working to bring down critical assets. And Bengaluru-based Subex knows this very well, which is why the company is focussing on the future of IoT security. Inside a lab,�Subex is trying to attract the wo
- This investment also creates a new benchmark in terms of writing bigger cheques in the Indian startup ecosystem.
- Big relief for startups as key issues of Angel Tax resolveIn its February notification, the DPIIT has allowed startups to be exempted from Angel Tax if they receive the certification from the Central Board of Direct Taxes (CBDT).
- While a large number of startups were being penalised by Angel Tax, around 300 startups have applied and received the exemption certificate already.
- Madurai HC lifts ban on TikTokAfter a court hearing, the temporary ban on the use and download of TikTok, the online video-sharing app, has been lifted by the Madras High Court.
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