Tag: Angel Tax

Budget 2024 | Abolition of angel tax to bolster fundraising and investor confidence, say experts – CNBC TV18

[ad_1] Finance Minister Nirmala Sitharaman’s record-setting seventh consecutive budget emphasised continuity and growth while introducing significant changes in taxation. Key announcements included an increase in short-term capital gains tax on certain financial assets to 20%, and a hike in long-term capital gains tax to 12.5% on both financial and non-financial assets. Additionally, buybacks will now be […]

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