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News digest: Jet Airways' stake sale, angel tax exemption norms, and more

From IT refunds date to reduce to 1 day to Uber expnading its biz in India, BS brings you up to date with the latest news

Jet Airways
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BS Web Team New Delhi
Lenders likely to bag biggest stake in Jet

Even as the talks between Jet Airways and its lenders are learnt to have reached a stage of finality, the Naresh Goyal-led company issued an official statement to scotch any speculation around its foreign partner Etihad offering to raise its stake at a steep discount. Read more

Govt eases angel tax exemption norms

Facing sustained pressure from start-ups and venture capital funds over the so-called angel tax, the government has relaxed norms for seeking exemptions from the controversial levy. The government, via a notification issued on Wednesday, scrapped the existing mechanism to approve

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