HomeStartups'Long overdue': Startup industry, VCs cheer move to abolish angel tax

'Long overdue': Startup industry, VCs cheer move to abolish angel tax

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Budget 2024: Finance minister Nirmala Sitharaman abolished India’s angel tax, boosting the startup ecosystem. Industry leaders like Siddarth Pai, Mayank Kumar, Snapdeal CEO Kunal Bahl, and Sumit Gupta praised the move.

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