Union Budget 2025: Exhaustive Analysis of Changes under Income Tax Law
Vide Finance Act 2022, taxation of virtual digital assets (VDA) has been introduced in the Income-tax Act, 1961 (‘the Act’), under section 115BBH of the Act in which the transfer of VDA is to be taxed at the rate of 30% with no deduction in respect of expenditure (other than cost of acquisition) to be allowed.
Stay tuned for live updates as FM Sitharaman presents her eighth Union Budget 2025. Follow our live coverage for all the ...
The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...
Finance Minister Nirmala Sitharaman has brought big cheer for middle class taxpayers - it’s a bonanza like never b ...
Ans. The Finance Bill 2025 proposes to extend the benefit of taxation under the Tonnage tax scheme to the inland vessels registered under the Inland Vessels Act, 2021. Therefore, henceforth companies ...
Hosted on MSN3h
Push for lower, middle-income households in Budget to roll private investment cycle: HDFC BankThe Union Budget 2025's focus on supporting lower and middle-income households could help revive private investment in the ...
FM Sitharaman donned a Madhubani silk saree as she presented her eighth budget, highlighting Bihar projects. The opposition ...
6hon MSN
The Union Budget raised the income tax exemption limit to ₹12 lakh for middle-class taxpayers, potentially increasing ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback