Padmaja Ruparel Thanks FM for Abolishing Angel Tax
In a conversation with Entrepreneur India, Padmaja Ruparel, Co-founder, IAN Group (formerly Indian Angel Network), expressed her gratitude towards FM Smt. Nirmala Sitharaman and her decision on abolishing angel tax.
She noted, “thank you Honourable Finance Minister for listening to the startups & investors. Funding sources will open up wider and startups will be able to use 100% of their cash flows to build their businesses. This will bring a huge impetus to the growth of our startups.”
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