{"id":86250,"date":"2019-08-31T17:31:25","date_gmt":"2019-08-31T12:01:25","guid":{"rendered":"http:\/\/factly.forumias.com\/?p=9734"},"modified":"2019-08-31T17:31:25","modified_gmt":"2019-08-31T12:01:25","slug":"cbdt-constitutes-start-up-cell-for-redressal-of-grievances-related-to-start-ups","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/cbdt-constitutes-start-up-cell-for-redressal-of-grievances-related-to-start-ups\/","title":{"rendered":"CBDT constitutes Start-up Cell for redressal of grievances related to Start-ups"},"content":{"rendered":"\n<ol class=\"wp-block-list\"><li>The Central Board of Direct Taxes (CBDT) has constituted a dedicated start up cell for addressing the specific problems related to Start-ups.<\/li><li>The start up cell will be a five-member board which will be headed by the member (Income Tax and Computerisation) of the board.<\/li><li>The cell will work towards redressal of grievances and mitigate tax-related issues in case of startup entities with respect to administration of Income-tax Act,1961.<\/li><li>Recently,the finance minister has also announced that angel tax will not be applicable on startups that are registered with the Department for Promotion of Industry and Internal Trade(DPIIT).<\/li><li>Angel Tax is a 30% tax that is levied on the funding received by startups from an Angel investor.However,this tax is levied when startups receive angel funding at a valuation higher than its \u2018fair market value\u2019.It is counted as income to the company and is taxed.<\/li><\/ol>\n","protected":false},"excerpt":{"rendered":"<p>The Central Board of Direct Taxes (CBDT) has constituted a dedicated start up cell for addressing the specific problems related to Start-ups. The start up cell will be a five-member board which will be headed by the member (Income Tax and Computerisation) of the board. The cell will work towards redressal of grievances and mitigate&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/cbdt-constitutes-start-up-cell-for-redressal-of-grievances-related-to-start-ups\/\">Continue reading <span class=\"screen-reader-text\">CBDT constitutes Start-up Cell for redressal of grievances related to Start-ups<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3127],"tags":[3244,3828,3129],"class_list":["post-86250","post","type-post","status-publish","format-standard","hentry","category-economy","tag-cbdt","tag-start-up-cell","tag-startups","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704762621},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86250","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=86250"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86250\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=86250"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=86250"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=86250"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}