Here is the best of Business Standard’s opinion pieces for today
The Income-Tax Department has sent notices to start-ups for raising capital at an “excessive premium” from domestic investors between the assessment years 2018-19 and 2020-21. In this context, our lead editorial notes that the government would do well to review the angel tax provision. It is important to note that new-age technology companies are valued by investors not through the same standard textbook methods. Read here
In other views:
For India to achieve an advanced economy status within the next 25 years, it is crucial to devolve more power to