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The Indian government has abolished the angel tax, formally known as Section 56(2)(viib) of the Income Tax Act, which was introduced in 2012 to target investments in unlisted companies.
Posted inFunding News

In a significant move to boost the startup ecosystem in India, Finance Minister Nirmala Sitharaman has announced the abolition of the angel tax, officially known as Section 56(2)(viib) of the Income Tax Act, which was introduced in 2012.

Posted by By The Entrepreneur India Team 23 July 2024
Summary: In a bid to enhance the startup ecosystem and promote innovation in India, Finance…
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Google has announced a significant price reduction for Google Maps services in India and will begin accepting payments in Indian rupees starting August 1, 2024.
Posted inFunding News

Google has announced a significant price reduction for Google Maps services in India and will begin accepting payments in Indian rupees starting August 1, 2024.

Posted by By The Entrepreneur India Team 18 July 2024
Google has announced a significant price reduction for Google Maps services in India and will…
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WazirX Faces Security Breach After Suspicious $230 Million Transfer
Posted inFunding News

WazirX Faces Security Breach After Suspicious $230 Million Transfer

Posted by By The Entrepreneur India Team 18 July 2024
Indian cryptocurrency exchange WazirX suffered a security breach on Thursday, resulting in the temporary suspension…
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AstroTalk Secures ₹78.3 Crore in Series A Extension from Left Lane Capital and Elev8 Capital
Posted inFunding News

AstroTalk Secures ₹78.3 Crore in Series A Extension from Left Lane Capital and Elev8 Capital

Posted by By The Entrepreneur India Team 18 July 2024
Summary: AstroTalk, an online astrology platform, raised ₹78.3 crore in a Series A funding extension from Left…
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UAE Real Estate Market Flourishing Amid Global Challenges
Posted inFunding News

UAE Real Estate Market Flourishing Amid Global Challenges

Posted by By The Entrepreneur India Team 6 June 2024
Key Points : Strong Market Performance: The UAE real estate market is witnessing robust growth…
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Dubai Leads Global FDI Inflows in Cultural and Creative Industries
Posted inFunding News

Dubai Leads Global FDI Inflows in Cultural and Creative Industries

Posted by By The Entrepreneur India Team 6 June 2024
Key Points : Dubai's FDI Dominance: Dubai has emerged as the global leader in attracting…
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Ather Energy Secures INR 286 Crore Funding Boost to Drive Electric Mobility Revolution
Posted inFunding News

Ather Energy Secures INR 286 Crore Funding Boost to Drive Electric Mobility Revolution

Posted by By The Entrepreneur India Team 6 June 2024
Key Points : Funding Boost: Ather Energy secures a substantial funding injection of INR 286…
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Mohandas Pai Calls for Repeal of Angel Tax and Establishment of ₹50,000 Crore Startup Fund
Posted inFunding News

Mohandas Pai Calls for Repeal of Angel Tax and Establishment of ₹50,000 Crore Startup Fund

Posted by By The Entrepreneur India Team 6 June 2024
Key Points : 1. Concerns about the Angel Tax: Pai emphasizes the negative impact of…
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MS Dhoni-backed drone startup Garuda Aerospace unveils 1st ever drone showroom
Posted inFunding News

MS Dhoni-backed drone startup Garuda Aerospace unveils 1st ever drone showroom

Posted by By The Entrepreneur India Team 5 June 2024
Key Points : Launch of Exclusive Drone Showroom: Garuda Aerospace has opened India's first exclusive…
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Latest Startup and Funding News - Daily Updates
Posted inStartup News Funding News

Latest Startup and Funding News – Daily Updates

Posted by By The Entrepreneur India Team 27 May 2024
Daily Indian Startup News and Funding Alert – 29 July 2024 Funding News D2C haircare…
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  • Flipkart Co-founder Binny Bansal Pledges ₹70 Crore to Launch Cutting-Edge Research Institute at Plaksha University
  • Dream11 Parent Company Completes “Ghar Waapsi,” Shifts Domicile from US to India
  • Uday Kotak Raises Concerns Over Declining Entrepreneurial Spirit Among Young Business Heirs
  • Tesla Gears Up for India Entry: Electric Vehicles May Hit Market by April
  • The ePlane Company and ICATT Forge Landmark Partnership to Transform Emergency Medical Response in India
  • Reddit Expands into India with New Bengaluru Office
  • Solar Energy’s Rising Dominance: A Watershed Moment for India’s Energy Transition
  • Mahakumbh Mela 2025: A $23 Billion Economic Powerhouse for India
  • Nazara Technologies Faces ₹5.68 Crore GST Demand Notice from Maharashtra Tax Authorities
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