9th February - Law News

2601st Edition: LawNewsIndex is a UK based news & legal articles archive focusing on Law, Lawyers, Law Firms, Justice, Legislation, Legal Ethics, Human Rights & Social Justice issues.

Today's Video Focus: The India government is set to announce a blanket exemption from angel tax for all start-ups that are recognized by the Department for Promotion of Industry and Internal Trade or DPIIT, the government body which addresses concerns of start-ups, sources have told NDTV. A notification to this effect could be issues as early as Monday. The exemption will apply to all start-ups with total investment not exceeding Rs. 25 crore, sources said, adding that a company will be classified as a start-up up till 10 years, instead of the earlier recognized seven.

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