Question:
Recently, the Government of India relaxed the Angel Tax Norms for Start-ups and enhanced the investment limit to:
Recently, the Government of India relaxed the Angel Tax Norms for Start-ups and enhanced the investment limit to:
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Policy changes for start-ups are often part of larger economic reforms — knowing the figures and the intent behind them is important for exams.
Updated On: Apr 18, 2026
- Rs. 25 Crore
- Rs. 20 Crore
- Rs. 15 Crore
- Rs. 30 Crore
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The Correct Option is A
Solution and Explanation
The Government of India, in order to encourage entrepreneurship and ease fundraising for start-ups, revised the Angel Tax Norms by raising the investment exemption limit from Rs. 10 crore to Rs. 25 crore. This change allowed eligible start-ups to receive higher investments without attracting the so-called “angel tax,” which is essentially income tax levied on the capital raised by unlisted companies through the issue of shares above the fair market value.
Options (B), (C), and (D) do not match the updated official limit as announced in the policy change.
Options (B), (C), and (D) do not match the updated official limit as announced in the policy change.
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- On the evening of the 10th, General Dyer arrived at Amritsar, and the Deputy-Commissioner handed over the civil power to him. He issued a proclamation by word of mouth that no meetings should be held. Two days later, after there had been no sort of riot, nor murder, General Dyer heard that a meeting was to be held at the Jallianwala Bagh. He proceeded there with about fifty troops, half British, half Indian, and a certain number of Ghurkas, armed with their kukris. The Jallianwala Bagh is an open space, half a mile square, which has one entry wide enough for three persons. The troops got in and lined up on a mound of debris. The walls, seven feet high, and the surrounding houses enclosed the people. There were, too, three alleys through which the people might have been able to pass. Within thirty seconds of the troops getting in, General Dyer gave orders to fire, and the crowd of people, estimated at anything from 5,000 to 20,000, who were sitting on the ground peacefully listening to the mob oratory, were fired on. The result of the troops’ fire into the mass of people we do not know. But we do know that Dyer’s own estimate of the casualties resulting from ten minutes continual individual firing, was 400 to 500 killed and 1,500 wounded. The people were not able to escape. They were people who had not offered any violence and who had not been warned. These people were shot down. After ten minutes, the ammunition was exhausted and the troops marched off, and they left 1,500 wounded there. There were men lying there for two days, dying of thirst, eating the ground, bleeding to death and nobody to look after them. Those who lived nearby came and carried away some of the wounded from the heap of dead and dying, but the unfortunate country people died there miserably of their wounds. This is what is done in 1919 in British India…
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[Col. Wedgwood, MP, speaking in the British Parliament, 22 December 1919]
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