The government on Wednesday simplified the process for startups seeking exemption from angel tax notices by eliminating the need for a certification from an inter-ministerial body. The move seeks to ease concerns raised by startups about tax officials questioning the share premium received at the time of raising capital through the sale of new shares. Now, such applications for exemption, routed through the department of industrial policy and promotion (DIPP), will be processed by the Central Board of Direct Taxes within 45 days. No committee, no certificate of valuation needed. All previous and future investments are covered. Startups incorporated before April 2016 are also covered.