angel tax rules

<!-- -->The excess premium will be considered as 'income from sources' and taxed at the rate of up to over 30%New Delhi: The Income Tax Department has notified new angel tax rules that comprise a mechanism to evaluate the shares…

India on Friday proposed to exclude a host of foreign investors including sovereign wealth funds and pensions funds from the purview of the so-called "angel tax", offering the much-needed relief to the startup sector staring at a funding…