Angel investors get further relief

The government has announced that it will be mandatory to disclose holdings in unlisted companies while filing tax returns.This data will be matched with filings of startups which have been asked to disclose the list of investors along with some of their details.This may give some relief to the angel investors from notices of the… Continue reading Angel investors get further relief

Initials hurdle hits PAN-Aadhaar link

According to Income tax officials,people may not be able to file their income tax returns for the coming financial year.It is because they are unable to link their Aadhaar to the Permanent Account Number(PANs). Since a person’s identity is authenticated biometrically,Aadhaar allows initials in the name.On the other hand,PAN is based on an old system… Continue reading Initials hurdle hits PAN-Aadhaar link

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