n this article, the authors explain changes to the Indian “angel tax”, levied on excess premium received on issuance of shares of certain Indian companies. Our Partner, Kunal Savani, Principal Associate, Bipluv Jhingan and Associate, Lakshya Gupta, have analysed the impact of recent amendments to “angel tax” on foreign investment into such Indian companies, in an article for Tax Notes International (TNI). (Photo Credits: Tax Notes)