Commonly known as ‘angel tax’, the issue gained ground once again in December last year when the tax department started sending notices and orders to several startups demanding payouts. Startups that have got only tax notices are fewer, pegged at around 2,000, and can get relief under the new norms.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2Isvq1p
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