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Relaxed norms on Angel Tax – An inadequate offering

February 8, 2019[2019] 102 140 (Article)
Capital infusion is one of the key contributors to the growth of a Company. It becomes even more crucial for start-ups and new business ventures where one of the major sources of finance comes straight from friends and family who only wish to own equity to a limited extent without gaining management rights. With this background, it's not tough to gauze why such equity partners are called as Angel investors.
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