Move to Tax Start-ups with Declining Valuation: Tax Terrorism

The start-up community across the country reacts strongly to the Income Tax department's move to tax start-ups whose valuations have recently fallen.

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http://economictimes.indiatimes.com/small-biz/policy-trends/move-to-tax-startups-with-declining-valuation-a-form-of-tax-terrorism-perverse/articleshow/52550648.cms