Income Tax department

Angel Tax

First, regulatory authorities should work closely with start-ups and investors to establish clear guidelines and best practices for valuation. Transparency is paramount and start-ups must maintain comprehensive records of their valuation methodologies.

India’s oldest taxpayer dies at 120

According to information, Girija Devi's year of birth mentioned on her PAN card is 1903. The Income Tax Department considered her the oldest taxpayer in the country. The IT Department had honoured her for the same in 2020.