APSC Mains 2024 Notes
Get topicwise printed notes for APSC Mains Exam 2024 developed by experienced faculty of PSCNOTES.APSC Prelims and Mains Notes, APSC Test Series
Ans: Angel tax is a term used to refer to the income tax payable on capital raised by unlisted companies via issue of shares where the share price is seen in excess of the fair market value of the shares sold. The excess realisation is treated as income and taxed accordingly. The tax was introduced … Read more DMPQ: . What is Angel Tax? What are the concerns attached with the Angel Tax?
Angel tax is a term used to refer to the income tax payable on capital raised by unlisted companies via issue of shares where the share price is seen in excess of the fair market value of the shares sold. The excess realisation is treated as income and taxed accordingly. The tax was introduced in … Read more DMPQ:What is Angel Tax? Discuss the controversy associated with angel tax in India?