Posts Tagged ‘CrowdFund Act’

India Startup Tax Bill vs US CrowdFund Act

Friday, March 23rd, 2012

It is just a coincidence that two leading democracies in the world introduce two bills around startups, one which will encourage startups and one which discourages startups.

CrowdFund Act of US is designed to help the startups by making it easy to receive small amounts of investments from individuals also, while the Startup Tax Bill of India is designed to add 30% tax for all investments the startups receive from small investors.

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