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Archive: 03 February 2025

Posts in 03 February 2025

AI Gold Rush in India: Trends and Challenges

February 3, 2025 1197 Views 0 comment Print

Explore the surge in VC investments in Indian AI startups, driven by sector-specific solutions and government support amidst challenges like data privacy and talent shortage.

Union Budget 2025: Key Highlights and Tax Reforms

February 3, 2025 3687 Views 0 comment Print

Union Budget 2025 focuses on growth engines like MSME, agriculture, and exports. Major tax reforms include a ₹12L exemption limit & updated GST provisions.

Important Highlights of Indirect Taxes in Budget 2025

February 3, 2025 2541 Views 0 comment Print

Budget 2025 introduces GST and Customs duty changes, tax rate reductions, and compliance updates. Key highlights on exemptions, penalties, and amendments.

Media Trial, Public Comments About Pending Cases Affecting Justice System

February 3, 2025 750 Views 0 comment Print

Media trials and public comments on pending cases put pressure on judges, weakening democracy and justice delivery, says Hon’ble Justice AS Oka.

Assessee entitled to raise objections u/s 264 and 246A even if not raised during original assessment proceedings

February 3, 2025 849 Views 0 comment Print

Respondents submitted that the impugned orders did not suffer from any irregularity or illegality warranting interference under Article 226 of the Constitution of India.

Decoding Budget 2025: Customs Amendments Demystified

February 3, 2025 9537 Views 1 comment Print

Understand the key Customs Act amendments in Budget 2025. Learn how changes impact importers, exporters, and compliance under the new regulatory framework.

Tax Exemption on Withdrawals from National Savings Scheme

February 3, 2025 16374 Views 7 comments Print

Section 80CCA exempts withdrawals from pre-1992 National Savings Scheme deposits from taxation, effective retrospectively from August 29, 2024.

Budget 2025: Annual value of second self-occupied property simplified

February 3, 2025 2631 Views 0 comment Print

The Finance Bill 2025 proposes simplifying the annual value determination of self-occupied property, effective from April 2025, for assessment year 2025-26.

Budget 2025: Obligation to furnish information in respect of crypto-asset

February 3, 2025 1623 Views 0 comment Print

The Finance Bill 2025 proposes mandatory reporting of crypto-asset transactions, effective from April 2026, with penalties for inaccuracies.

Budget 2025: Extended Time Limit for Tonnage Tax Scheme Orders

February 3, 2025 840 Views 0 comment Print

Section 115VP extends the deadline for passing orders on tonnage tax scheme applications to three months, effective April 1, 2025.

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