India’s 2024 Budget Abolished Angel Tax: Major Boost for Startups and Web3

The post India’s 2024 Budget Abolished Angel Tax: Major Boost for Startups and Web3 appeared first on Coinpedia Fintech News The concept of angel tax has been a hot topic in the investment community, especially for startups and emerging sectors like Web3. In a recent 2024-2025 budget announcement, the Indian government abolished angel tax for all investor classes. This reform, announced by India’s Finance Minister Nirmala Sitharaman, is set to boost startup funding from both …