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Unclaimed
Discovery tool, not advice. Every figure is the published rule, not a decision on your case.
Tax credits

Abolition of Angel Tax (Section 56(2)(viib))

Status

Status not published

This funder does not publish a call calendar. Check their page before planning around it.

Open now
Amount
Not published

No cash. Union Budget 2024-25 abolished Section 56(2)(viib) for all classes of investors with effect from assessment year 2025-26, removing the angel tax on share premium above fair market value. This replaces the earlier DPIIT exemption process under Form 2.

Funder

Central Board of Direct Taxes (CBDT), Ministry of Finance

public · national

Deadline: Open all year

Your odds
Not published

This funder does not publish a success rate. We rank it using the rate observed across similar programmes and label it as an estimate rather than implying we know.

Effort
quick

Quick — mostly identity and bank details.

Who can apply

Applies to all companies from AY 2025-26; DPIIT recognition is no longer needed to escape angel tax, though it remains needed for 80-IAC and other benefits.

How to apply

  1. No application needed — this is paid automatically to everyone who qualifies. Check that the authority holds your current address and bank details; a missing detail is the usual reason an automatic payment does not arrive. — link

Related reading: How grant deadlines actually work · R&D tax credit vs. grant: the difference that changes your claim

Apply on the funder's site

Source. https://www.startupindia.gov.in/content/sih/en/startupgov/exemption-tax.html · not human-checked

Verified on 14 August 2026

Source: www.startupindia.gov.in

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Credit Guarantee Scheme for Startups (CGSS)

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Agriculture Infrastructure Fund (AIF)

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Paid, separate from Unclaimed

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