New Delhi: The VC funding is drying up for startups in the wake of the nationwide lockdown and the result is seen in several startups laying off employees at their various India offices. According to data compiled by career marketplace BigJobs, VC-funded startups are the ones doing most of the layoffs. The data revealed that […]
Tag: Start-Ups
No angel tax scrutiny for start-ups if requisite declarations made: FM
New Delhi: In a huge relief for the start-ups community, Finance Minister Nirmala Sitharaman on Friday said the start-ups and their investors who file requisite declarations and provide information in their returns will not be subjected to any kind of angel tax scrutiny. “The issue of establishing identity of the investor and source of his funds […]