Have Taken up 'Angel Tax' Issue of Startups with Finance Minister: Suresh Prabhu

As per a notification by the commerce and industry ministry, an angel investor picking up stakes in a startup should have a minimum net worth of Rs 2 crore or should have an average returned income of over Rs 25 lakh in the preceding three financial years.

from Top Business News- News18.com https://ift.tt/2S9x0pz