Temporary relief from ‘Innovation Tax’ for Startups

The government has decided to relieve startups on the tax man’s radar for raising capital over the fair value of their shares till a panel decides on the issue. Startups that were receiving a slew of tax notices off late have reason to be relieved. The Central Board of Direct Taxes (CBDT) has stated that … Continue reading Temporary relief from ‘Innovation Tax’ for Startups