CBDT notifies creation of special cell for startups

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....BDT notifies creation of special cell for startups <br>News and Press Release<br>Dated:- 30-8-2019<br><BR>New Delhi, Aug 30 (PTI) The CBDT on Friday notified creation of a five-member special cell to ....

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....address the grievances of startups with relation to angel tax and other tax-related issues. An order issued by the Central Board of Direct Taxes (CBDT) said the &#39;Startup Cell&#39; will be headed ....

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....by the member (Income Tax and Computerisation) of the Board. &quot;The cell will work towards redressal of grievances and mitigate tax-related issues in case of startup entities with respect to admin....

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....istration of Income-tax Act, 1961,&quot; the order, accessed by PTI, said. Finance Minister Nirmala Sitharaman had last week announced creation of such a cell in the CBDT during a press conference an....

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....d had announced exempting startups from the so-called angel tax.<BR> News - Press release - PIB....