Budget 2024: Government to abolish angel tax on investment in startups, TDS rate reduced for e-commerce operators
Budget 2024: The removal of the angel tax is expected to give a boost to startups as it will help promote a more favorable environment for them. In search cases too, a time limit of six years before the year of search is proposed as against the current time limit of ten years. The TDS rate for e-commerce operators will be reduced from 1 percent to 0.1 percent.
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