This means startups registered by the DPIIT Start-ups will not face tax verification on account of angel taxation in case they are picked up for scrutiny. There are 99,380 startups recognised by the DPIIT. Besides, in cases where proceedings are auto generated, “contentions of such recognised startup companies on the issues will be summarily accepted”.
PNB Q2 Results: Net profit zooms 145% YoY to Rs 4,303 crore
PNB Q2 Results: The lender earned interest income of Rs 29,875 crore in the reported quarter, reflecting a 13% increase from Rs 26,355 crore in