The Finance Bill, 2025, proposes an amendment to Section 115UA of the Income-tax Act, which governs the taxation of Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs), ...
The Finance Bill 2025 proposes extending the tonnage tax scheme to inland vessels, registered under the Inland Vessels Act, 2021, in an effort to boost India’s inland water transportation industry.
CBDT Chairman, Ravi Agrawal, on Sunday said that revisions in the tax slabs should bring nearly all the individual taxpayers to the new income tax regime. Speaking in an interview with PTI, the ...
The government has proposed an amendment to the Income Tax Act, requiring designated reporting entities to disclose transaction details of virtual digital assets (VDAs).
“It is proposed to extend the tax benefits available to the National Pension Scheme (NPS) under sub-section (1B) of section ...
While the proposal to raise the threshold of nil income tax to ₹12 lakh for individuals has received attention, there are other positive announcements in the budget for the economy’s growth. Image: ...
Akshat Shrivastava remains cautiously optimistic, pointing out that increased private consumption demand could eventually ...
Among the most significant announcements was the introduction of a new income tax regime that exempts individuals earning up to Rs1.2 million from tax ...
Chief Ministers of Karnataka, Telangana, Kerala, and Tamil Nadu criticise Union Budget 2025-26 for ignoring regional concerns ...
Following the Budget announcement, reactions have been mixed. Some are praising it, while others are criticising it. Here's how industry experts, political leaders, and market analysts are reacting to ...
Tax measures announced in Budget 2025 will have a wide-ranging impact on individual taxpayers across income brackets, as also ...