Angel Tax: The tax department notifies of ‘angel tax’ rules for the valuation of investments in Startups. New Delhi, Sep 26 (Trending News Fox) The Income Tax Department has notified new angel tax rules, including a mechanism for valuing shares issued by unlisted startups to investors. While earlier angel tax – a tax levied on…
Health Insurance: U.S. health-insurance coverage improved last year, with more than 90% of Americans on a plan, the Centers for Disease Control and Prevention said. According to preliminary estimates released Tuesday by the CDC’s National Center of Health Statistics, the number of uninsured people in 2020 will drop to 31.6 million, or 9.7% of the…
UK Businesses: Thousands of businesses are at risk of closing without government support due to rising energy bills, according to bankruptcy experts. Red Flag Alert, an organization that monitors the financial health of companies, told the BBC that previously profitable companies are facing huge losses. The consultancy said many of those left would be forced…
