Budget Reactions | Lokesh Shah, Partner, IndusLaw Comments On Angel Tax
"A delight for investors and PE/VC funds supporting Indian companies," Shah said
The Union Finance Minister Nirmala Sitharaman introduced the Budget in the Parliament today.
Lokesh Shah, Partner, IndusLaw said, “In one of the major announcements, the Hon’ble FM proposed to abolish the Angel Tax. This is a huge relief for Indian companies, specifically the start-ups. A delight for investors and PE/VC funds supporting Indian companies.”