Angel Tax was not 'ended'. There are still many conditions under which it is still applicable, governing both who can invest in a startup and how the startup ca

Angel Tax was not 'ended'. There are still many conditions under which it is still applicable, governing both who can invest in a startup and how the startup can spend its money. [1] A bigger issue which is still applicable today is that long term capital gains tax on startups and other unlisted companies is still 28.5%, while for listed stocks it is 10%. [2] There are some exemptions announced today for foreign investments until 2024 with a lock-in period of 3 years. [3] [1] https://yourstory.com/2019/08/angel-tax-startups-angel-investors-india-dpiit-nirmala-sitharaman https://yourstory.com/2019/08/angel-tax-startups-angel-inves... [2] https://www.business-standard.com/article/companies/higher-ltcg-tax-spooks-start-up-investors-founders-esop-holders-119071000228_1.html https://www.business-standard.com/article/companies/higher-l... [3] https://www.livemint.com/budget/news/budget-2020-full-text-of-nirmala-sitharaman-s-budget-speech-11580547114996.html https://www.livemint.com/budget/news/budget-2020-full-text-o...