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CBDT notifies 21 nations from where investment in startups will be exempt from angel tax

The Finance Ministry has notified 21 countries, including the US, UK and France, from where non-resident investment in unlisted Indian startups will not attract angel tax.The list, however, excludes investment from countries like Singapore, Netherlands and Mauritius.The government had in the Budget brought overseas investment in unlisted closely held companies, except DPIIT recognised startups, under the Angel Tax net. ....

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LATAM POLITICS TODAY-Peru's president says he will dissolve Congress, calls for elections

The latest in Latin American politics today: Peru's president to dissolve Congress, calls for elections LIMA - Peru's President Pedro Castillo said on Wednesday he will dissolve Congress and called for elections, as he battles impeachment proceedings. Castillo announced a "government of exception," and added he will respect the current economic model during the dissolution of Congress. ....

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