{"id":836755,"date":"2024-07-24T10:22:20","date_gmt":"2024-07-24T04:52:20","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=836755"},"modified":"2024-07-24T10:22:20","modified_gmt":"2024-07-24T04:52:20","slug":"angel-tax-abolition-set-to-fuel-innovation-and-spur-investment-in-deep-tech-startups-ashwini-vaishnaw","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/24\/angel-tax-abolition-set-to-fuel-innovation-and-spur-investment-in-deep-tech-startups-ashwini-vaishnaw\/","title":{"rendered":"Angel tax abolition set to fuel innovation and spur investment in deep-tech startups: Ashwini Vaishnaw"},"content":{"rendered":"<p>The abolition of the angel tax for investors is likely to spur investments in deep-tech startups, union minister for electronics and information technology Ashwini Vaishnaw said.<\/p>\n<p>&#8220;For deep tech startups, angel tax was a major issue, specifically in regard to determining valuation. With angel tax now being removed, this has now been resolved,&#8221; Vaishnaw said at a press conference after the presentation of the Union Budget 2024-25, adding that removal of the tax has been a long standing demand of the deep tech start-ups.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The abolition of the angel tax for investors is likely to spur investments in deep-tech startups, union minister for electronics and information technology Ashwini Vaishnaw said. &#8220;For deep tech startups, angel tax was a major issue, specifically in regard to determining valuation. With angel tax now being removed, this has now been resolved,&#8221; Vaishnaw said at a press conference after the presentation of the Union Budget 2024-25, adding that removal of the tax has been a long standing demand of the deep tech start-ups.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-836755","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/836755","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=836755"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/836755\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=836755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=836755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=836755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}