Budget 2025 brings new income tax slabs with benefits for the middle class, including higher exemptions, marginal relief, and a standard deduction for salaried individuals.
GST revenue growth in India for January 2025 shows steady increase in gross and net collections. Detailed breakdown of collections, refunds, and state-wise data.
MEMORANDUM EXPLAINING THE PROVISIONS IN THE FINANCE BILL, 2025 FINANCE BILL, 2025 PROVISIONS RELATING TO DIRECT TAXES Introduction The provisions of Finance Bill, 2025 (hereafter referred to as “the Bill”), relating to direct taxes seek to amend the Income-tax Act, 1961 (hereafter referred to as ‘the Act’), to continue reforms in direct tax system through […]
Budget 2025 offers tax relief for the middle class and focuses on infrastructure and manufacturing, but faces challenges in corporate taxes and capital expenditure allocation.
Union Budget 2025-26 introduces tax relief with no income tax up to Rs. 12 lakh, benefiting middle-class taxpayers and boosting consumption.
Union Budget 2025-26 increases FDI limit in insurance to 100%, plans revamped KYC registry, and simplifies company merger processes.
Union Budget 2025-26 enhances MSME investment and turnover limits, increases credit guarantees, introduces new schemes for women and first-time entrepreneurs.
Budget 2025-26 proposes direct tax reforms focusing on middle-class relief, compliance ease, tax certainty, and support for start-ups and manufacturing.
Union Budget 2025-26 proposes changes in customs duties, including exemptions for life-saving medicines, e-mobility, and support for domestic manufacturing.
Budget 2025-26 introduces GST amendments to streamline trade facilitation, including changes in input tax credit distribution, track and trace mechanisms, and penalties.
