Finance Bill 2025 introduces amendments to block assessment provisions, including changes to undisclosed income definition, computation, and time limits for assessments.
Finance Bill 2025 increases the TDS threshold for compensation on compulsory acquisition of immovable property under Section 194LA to ₹5 lakh, effective April 1, 2025.
Finance Bill 2025 raises the TDS threshold for commission on lottery ticket sales under Section 194G from ₹15,000 to ₹20,000, effective April 1, 2025.
Amendments to Section 194A of the Income-tax Act increase TDS thresholds on interest income for various payers and senior citizens, effective April 1, 2025.
Finance Bill 2025 proposes new TDS thresholds for various sections, including interest, dividends, and commissions, effective April 1, 2025.
The Finance Bill, 2025 proposes reducing TDS under Section 194LBC from 25-30% to 10% for income from securitisation trusts, effective April 1, 2025.
Learn about the proposed tax changes for ULIPs under Finance Bill 2025, including capital gains taxation, exemption limits, and applicability from April 2026.
Budget 2025 proposes amendments to Section 12AB to exclude incomplete applications from specified violations, offering relief to trusts and institutions.
This FAQ guide provides clarity on key aspects of customs duties and tariff structure updates in Budget 2025-26. Basic Customs Duty (BCD) is levied on imported goods under the Customs Act, 1962, while tariff rates are specified in the Customs Tariff Act, 1975. Effective rates may vary based on notifications. Additional levies like Agriculture Infrastructure […]
BILL No. 14 OF 2025 THE FINANCE BILL, 2025 (AS INTRODUCED IN LOK SABHA) THE FINANCE BILL, 2025 ARRANGEMENT OF CLAUSES ______ AS INTRODUCED IN LOK SABHA ON 1ST FEBRUARY, 2025 Bill No. 14 of 2025 THE FINANCE BILL, 2025 A BILL to give effect to the financial proposals of the Central Government for the […]
