The Finance Ministry has introduced crucial reforms in the Angel Tax mechanism, addressing investor apprehensions and promoting investment. The finalized rules, effective from April 1, 2024, simplify share valuation for unlisted firms, offering flexibility and clarity. Five prescribed methods for valuing non-resident investments, coupled with price matching options between resident and non-resident investors, are key features. The amendments aim to incentivize venture capital investments, encourage foreign participation, and clarify convertible preference shares. Experts praise these changes for reducing compliance burdens and creating a more conducive environment. This marks a significant step toward an investor-friendly landscape, fostering growth and stability in both resident and non-resident investment scenarios.
Government Eases Angel Tax Burden with Revised Valuation Rules for Investors
![](https://affairsace-media.s3.ap-south-1.amazonaws.com/2023/09/27103018/SRTHSR_H.jpg)