{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/665dda1b3ce6480013459039/669fd5b5993be95c7f7f458d?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"India Sees Major Policy Shift How Will Startups Respond","description":"<p>India’s federal government has removed the “angel tax” for all classes of investors to support its startup ecosystem. Finance Minister Nirmala Sitharaman announced the move during her budget speech, aiming to strengthen entrepreneurship and innovation in India. The tax, introduced in 2012, taxed investments in startups when valuations exceeded what tax officials deemed fair market value, clashing with investors' projections. Even after a 2019 revision, the structure still caused challenges. The core issue arose from differing valuation methods: investors used discounted cash flow methods, while tax authorities focused on current worth, making it difficult for founders to raise capital.</p><p>Learn more on this news visit us at: https://greyjournal.net/news/</p><p><br></p><p><br></p>","author_name":"GREY Journal"}