The DPIIT Secretary in a press briefing on Thursday said his department has recommended removal of Angel Tax to finance ministry and that it had done so in the past as well. "Ultimately, the decision has to be taken by the ministry," he told reporters on Thursday.
However, tax experts are of the view that the government is unlikely to remove angel tax, which is levied on unlisted companies raising capital through issue of shares.
Denne historien er fra July 06, 2024-utgaven av The Morning Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra July 06, 2024-utgaven av The Morning Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
In God's Own Tongue
A literary celebration of Lord Murugan where the rich Tamizh language takes centrestage
Divided by Letters
An in-depth examination of the Indian education system that exposes the complexities of caste, class and gender in the country
'HERO' MARCHAND SETS OFF PARTY ACROSS PARIS
HE party for Léon Marchand spread beyond the pool, quickly sweeping all across Paris.
Keeping pace pool ready key for long Test series: Arun
WITH only two ODIs left on India's tour of Sri Lanka, soon the focus will be shifting to the longest format as the Men in Blue will be playing as many as ten Tests five at home and five away - in the next six months.
Of living in present & focussing on future
T HE follower count on her Instagram account had spiralled to almost one million by Saturday.
Deepika fails to decode Oly puzzle, archery campaign ends
DEEPIKA Kumari placed herself in an advantageous position against Korea's Suhyeon Nam by winning two of the first three sets but shot a horrible 7 with the second arrow of the fourth set to throw away a great opportunity as India's archery campaign folded at the Olympics on Saturday.
Boxer Carini could get $50,000 award from IBA
THE banned International Boxing Association wants to give a $50,000 prize to Italy boxer Angela Carini, who tearfully quit her opening bout with Imane Khelif of Algeria at the Paris Olympics after just 46 seconds.
Gold standard summit clash
NOVAK Djokovic and Carlos Alcaraz will meet for the men's tennis singles gold medal on Sunday in the latest installment of a fascinating old-vs.-young rivalry that included a matchup in the Wimbledon final three weeks ago.
Ambuja announces ₹1,600 cr cement grinding unit in Bihar
AMBUJA Cements, part of the diversified Adani group, has announced setting up of 6 million tonne per annum (MTPA) cement grinding unit in Warisaliganj, Nawada district of Bihar, at an investment of nearly 1,600 crore.
Jawa Yezdi explores EV launch possibilities
AUTOMOBILES JAWA Yezdi Motorcycles is exploring the possibility of launching electric vehicles.
