With the issue of Angel Tax plaguing startups in the country, Indian Software Products Industry Round Table (iSPIRT), a think tank for India?s software products industry wrote to Prime Minister Narendra Modi on behalf of Indian startups seeking support and immediate action on the Angel Tax issue. In a letter titled ?Grave situation facing startups on the Section 56 (2)(viib) ?Angel Tax?, the think tank said that despite the immense strides Startup India has made, the issue of Angel Tax has greatly shaken the confidence of these startups.