Union Budget 2024: FM Nirmala Sitharaman Abolishes Angel Tax

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The Indian government has abolished the angel tax. This change was announced by Union Finance Minister Nirmala Sitharaman.

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Sitharaman emphasised boosting the entrepreneurial spirit. The move supports innovation and encourages investment.

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The decision reflects the government’s focus on promoting investments. This aims to strengthen the Indian startup ecosystem.

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Follow the Union Budget For Startups With Inc42

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Budget 2024-25: FM Nirmala Sitharaman Abolishes Angel Tax

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