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 […]
Get the details of the Budget 2025-2026: Speech of Nirmala Sitharaman, Minister of Finance. Discover the government’s efforts to accelerate growth and secure inclusive development.
CBDT authorizes data sharing with DFPD to identify PMGKAY beneficiaries. MoU to govern data confidentiality, transfer mode, and timelines.
Corrigendum issued for Notification 05/2025 – Integrated Tax (Rate), correcting references in the Gazette of India dated 16th January 2025. Details updated for accuracy.
Notification 06/2025 revises customs tariff values for crude palm oil, RBD palm oil, gold, silver, and other commodities, effective 1st February 2025.
Analysis of Gujarat AAAR ruling on GSPC’s settlement payment to ANP under the Production Sharing Contract. Examines GST implications and reverse charge liability.
Gujarat AAAR rules on GST rates for instant mix flours, classifying them under HSN 2106 with 18% GST. Key arguments on classification and taxability explored.
