The government provided a blanket exemption from angel tax to various structures such as pension and sovereign wealth funds, among others investing in India from 21 countries, but corporate entities were left out, making them potentially liable to the levy.
Dalal Street Week Ahead: Nifty seen consolidating further before next directional move
The Nifty experienced a mild corrective movement, trading in a downward-biased consolidation phase and ending the week with a slight loss. Despite a supportive Fed