Earning ₹15 lakh? Know how new tax slabs work and why ₹12 lakh exemption doesn’t apply. Learn about rebates, slab-wise taxation, and total tax liability.
The proposed amendments to the provisions under Chapter XIV-B (sections 158B to 158BI) of the Income Tax Act focus on enhancing the efficiency, clarity, and scope of block assessments in cases of search and requisition under Section 132 and Section 132A. These amendments seek to modernize and streamline the block assessment process, including provisions related […]
Finance Bill 2025 amends tax laws for trusts, start-ups, and business trusts, ensuring simplified compliance, extended benefits, and fair taxation.
Union Budget 2025 revises income tax slabs, raising the exemption limit to ₹12 lakh. Learn about new rates, Section 87A rebate, and TDS/TCS threshold updates.
Introduction The Union Budget 2025 has brought significant amendments to the Goods and Services Tax (GST) framework, particularly addressing the Supreme Court’s ruling in the Safari Retreats case. The decision had initially provided relief to the real estate sector by allowing Input Tax Credit (ITC) on construction costs for properties intended for leasing or renting. […]
ICSI acknowledges Budget 2025’s focus on economic growth, regulatory reforms, and entrepreneurship, emphasizing its role in shaping India’s future development.
बजट 2025 में जीएसटी नियमों में संशोधन, ITC, वाउचर टैक्सेशन, SEZ छूट और जुर्माने से जुड़े नए प्रावधानों को शामिल किया गया है। जानें मुख्य बदलाव।
Explore the implications of Budget 2025 on India’s economy, addressing challenges like inflation, unemployment, and recessionary trends amid global and domestic changes.
Budget 2025 proposes tax amendments, including changes in income tax slabs, TDS, GST, and MSME classification, impacting individuals and businesses for FY 2025-26.
Budget 2025 introduces no income tax on earnings up to ₹12 lakhs under the new regime, offering significant relief. Learn about tax slabs, Section 87A, and benefits.
