Angel Tax is Gone, But Section 68 is Here: The New Funding Compliance for Startups.
One of the biggest reliefs for the Indian startup ecosystem in 2025 was the abolition of Angel Tax (Section 56(2)(viib)) effective from April 1st. Startups in Noida, Gurgaon, and Delhi can now raise funds at a premium without the fear of the excess premium being taxed as income. But wait. If you think you no…