#Budget
Log in to FollowLatest Budget updates, legal developments, compliance requirements, case laws, notifications and expert analysis for professionals on TaxGuru.

Section 285BA(3) Widen scope of financial transaction to be reported

Ensure Non initiation of prosecution for delay in remittance of TDS against genuine tax deductors: ICAI Suggests

Make Reduction in Tax rate applicable to Firms/ LLP: ICAI

Computerized notice / document should provision for digital signature: ICAI

Section 281B Provisional attachment of property -Treatment of amount realized by invoking bank guarantee- Clarification required

Amend definition of accountant U/s. 288 of Income Tax Act 1961: ICAI

MAT Rate should be reduced to match with phasing out of tax exemptions: ICAI

ICAI cautions on Phasing of exemption/ incentives vis-à-vis industry needs

Adopt Tax consolidation Scheme & Introduce Group consolidation tax: ICAI

Remove Equalization levy on specified online advertisement services: ICAI

ICAI suggests 10% Tax Rate for income up to Rs. 10 Lakh

Consolidate multiple reports to be issued by CAs in a single format: ICAI

Extend scope of Income Tax Scrutiny Relaxations: ICAI

Introduce single ITR form to replace all ITR forms: ICAI
Explore the latest Budget updates on TaxGuru, including relevant legal provisions, notifications, circulars, case laws, compliance developments and expert analysis. This page brings together important developments and practical guidance to help taxpayers, businesses and professionals stay informed and understand the regulatory and commercial implications of changes.
