The Budget 2018 was riding high on expectations from startups, VC funds, middle class and working professionals. For startups and angel investors, the biggest area of concern was removal of the ‘angel tax’, for which Nasscom and IAN have been lobbying. Does this mean that there could be a clarification in the offing on ‘angel tax’ or the noose is likely to be tightened further? On the start-ups side, this Budget was a mixed bag. Cyber security continues to be an area of concern for enterprises and the government, as companies are still not spending appropriately in securing their systems.

Source: dna February 02, 2018 01:18 UTC