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. Excluded entities include those registered with SEBI as Category-I FPI, Endowment Funds, Pension Funds and broad-based pooled investment vehicles, which are residents of 21 specified nations, including the US, UK, Australia, Germany and Spain. The other nations mentioned in the notification are Austria, Canada, Czech Republic, Belgium, Denmark, Finland, Israel, Italy, Iceland, Japan, Korea, Russia, Norway, New Zealand and Sweden. Under the existing norms, only investments by domestic investors or residents in closely held companies were taxed over and above the fair market value. This was commonly referred to as an angel tax.
In the question below some statements are given followed by three conclusions I, II and III. You have to take the given statements to be true even if t...
Statements : Some fathers are mother.
All mothers are son.
...In the question below some statements are given followed by three conclusions I, II and III. You have to take the given statements to be true even if ...
Statements: All covers are glasses.
Some caps are covers.
No cup is a cap.
Conclusions: I. Some cups are not...
Statements:
A few spine is leg.
No leg is hand.
All hand is arm.
Only arm is shoulder.
Conclusions:
I. Some ha...
Statements: Some villages are towns.
Some towns are huts.
All huts are rivers.
Some rivers are tents.
Conclusions:I. some...
Statements:
All clubs are pub.
No pub is a song.
All songs are music.
Conclusions:
I. All songs bei...
Statement:
Some pens are erasers.
Only a few erasers are sharpeners.
All sharpeners are copies.
Conclusion:
I. Some p...
Three statements are given followed by three conclusions numbered I, II and III. Assuming the statements to be true, even if they seem to be at variance...
How many children does Mr. Raman has?
I. Mr. Raman has eight sons and each has one sister.
II. Number of sons of Mr. Raman is eight times ...
