Section 194 now exempts tax deduction on dividends to individuals if the total annual dividend does not exceed Rs. 10,000, effective April 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.
Section 115AD is amended to raise long-term capital gains tax rate for non-residents to 12.5% from 10%, effective from April 1, 2026.
Section 80-IAC is amended to extend 100% profit deduction for eligible start-ups incorporated until April 1, 2030, effective from April 1, 2025.
Explore key measures from Budget 2025 aimed at promoting investment and employment through IFSC tax reforms, fund manager simplifications, and more.
Budget 2025 proposes amending Section 2(14) to redefine capital assets, classifying securities held by specific funds and non-exempt ULIPs as capital assets.
Section 115UA is amended to include Section 112A for taxation of business trusts, effective from April 1, 2026, for assessment year 2026-27 onward.
Changes to Section 13 revise contribution thresholds and exclude relatives and certain concerns from specified persons, effective April 1, 2025.
Budget 2025 proposes extending trust registration validity from 5 to 10 years for smaller trusts with income below ₹5 crore, reducing compliance burden.
