https://www.taxtmi.com/news?id=21073 The DPIIT notification sets Startup recognition criteria-incorporation-period limits (extended for biotechnology), turnover ceiling, innovation or scalable-business requirement, and exclusion of reconstructed businesses; recognis ed Startups can apply for approval of share issuances provided post-issue paid-up capital remains within limits and investors meet specified returned-income and net-worth conditions; DPIIT forwards applications to the tax authority, which may grant or decline approval within a prescribed review period; no government survey on adverse effects of the angel tax has been conducted. en-us Thu, 07 Feb 2019 17:06:32 +0530 Thu, 07 Feb 2019 17:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21073 The DPIIT notification sets Startup recognition criteria-incorporation-period limits (extended for biotechnology), turnover ceiling, innovation or scalable-business requirement, and exclusion of reconstructed businesses; recognis ed Startups can apply for approval of share issuances provided post-issue paid-up capital remains within limits and investors meet specified returned-income and net-worth conditions; DPIIT forwards applications to the tax authority, which may grant or decline approval within a prescribed review period; no government survey on adverse effects of the angel tax has been conducted. News - Thu, 07 Feb 2019 17:06:32 +0530 https://www.taxtmi.com/news?id=21073