Media publications have carried out quotes by Mr. Piyush Bothra, CFO, Square Capital on the Government of India’s decision to relax terms for Angel Tax.
“The relaxation announced for angel tax implication was due and is definitely a welcome move. However, we were also expecting the government to relax some of the provisions of GST and TDS on startups which would help them better with the cash flows.”
The Economic Times (online, February 19, 2019)
Govt goes extra mile for startups, raises turnover limit to Rs 100 cr.
The Week (Online, February 19, 2019)
Startups hail angel taxation relief
