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#MCOpinion: How should startups deal with Angel Tax and Section 68 Tax Notices?

Here's a playbook crafted by 3One4 Capital managing partner Siddarth Pai πŸ‘‡
https://www.moneycontrol.com/news/opinion/playbook-for-handling-angel-tax-and-section-68-tax-notices-11420331.html
#MCOpinion | Economic data indicates a significant decline in both fiscal deficit and current account deficit in the first eight months of the current fiscal year. πŸ“‰

Read its implications for India’s economy πŸ‘‡
https://www.moneycontrol.com/news/opinion/budget-2024-receding-twin-deficit-underscores-indias-strong-economic-footing-12014211.htmlutm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
#MCOpinion | With General elections looming later in the year, the Budget is likely to be an occasion to underline the success achieved in bringing about an economic recovery after the strains of pandemic & geopolitical tensions 🌎

Read on πŸ‘‡
https://www.moneycontrol.com/news/opinion/budget-2024-focus-on-growth-to-protect-against-global-headwinds-12020611.htmlutm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
#MCOpinion | Though spending on science and tech appears to be rising in absolute terms, India fares poorly on global R&D benchmarks. πŸ§ͺ

India spends just about 0.64% of GDP on R&D – compared to 2.4% by China and 3.45% by America. Read on πŸ‘‡
https://www.moneycontrol.com/news/opinion/union-budget-2024-big-ticket-science-needs-big-money-12107141.htmlutm_medium=social&utm_source=telegram&utm_campaign=regular-editorial