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Last Updated : Feb 20, 2019 09:23 PM IST | Source: Moneycontrol.com

Reporter's Take | Angels get a tax breather

Also, a company earning anything up to Rs 100 will be considered a start-up instead of the earlier limit of Rs 25 crore.

Moneycontrol News @moneycontrolcom

The Narendra Modi government has made sweeping changes on Angel Tax giving impetus to start-ups. Earlier a start-up was considered one, until it was seven years old, this has now be increased to 10 years.

Also, a company earning anything up to Rs 100 will be considered a start-up instead of the earlier limit of Rs 25 crore.

To find out start-ups could benefit from the revised norms, watch Moneycontrol's Sakshi Batra get all the details from Priyanka Sahay.

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First Published on Feb 20, 2019 09:23 pm
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