{"id":837325,"date":"2024-07-25T11:29:31","date_gmt":"2024-07-25T05:59:31","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=837325"},"modified":"2024-07-25T11:33:27","modified_gmt":"2024-07-25T06:03:27","slug":"ltcg-tax-parity-may-bring-more-family-offices-to-the-startupland","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/25\/ltcg-tax-parity-may-bring-more-family-offices-to-the-startupland\/","title":{"rendered":"LTCG tax parity may bring more family offices to the startupland"},"content":{"rendered":"<p>Family offices of millionaires are likely to increase capital allocation to new-age companies, following the budget proposals to bring parity on long-term capital gains (LTCG) tax across all financial assets and abolish the angel tax. <\/p>\n<p>Family offices\u2014about 300 now compared with around 45 in 2018 as per a PwC report\u2014have increased their investment activity in startups over the past year and the budget announcements will give a major boost to it, a senior executive at a top family office fund said. Removal of angel tax will also help these investors come in startups at an early stage, industry executives said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Family offices of millionaires are likely to increase capital allocation to new-age companies, following the budget proposals to bring parity on long-term capital gains (LTCG) tax across all financial assets and abolish the angel tax. Family offices\u2014about 300 now compared with around 45 in 2018 as per a PwC report\u2014have increased their investment activity in startups over the past year and the budget announcements will give a major boost to it, a senior executive at a top family office fund said. Removal of angel tax will also help these investors come in startups at an early stage, industry executives said.<\/p>\n","protected":false},"author":8,"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-837325","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\/837325","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\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=837325"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/837325\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=837325"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=837325"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=837325"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}