Finance Bill 2025 clarifies tax implications on ULIP redemption, ensuring consistent tax treatment for both ULIP and other life insurance policies.
Finance Bill 2025 extends derivative transaction exemptions to non-residents investing with FPIs in IFSC, ensuring tax benefits and encouraging investment.
Finance Bill 2025 expands “resultant fund” definition to include retail schemes and ETFs, enabling tax-neutral relocation to IFSC under specific conditions.
The Finance Bill 2025 extends tax incentives and sunset dates for IFSC units, with provisions for insurance, leasing, treasury centres, and fund management activities.
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.
Concerns rise over improper practices in microfinance involving misuse of Rule 12 Declarations and MGT-14 forms by private and Section 8 companies.
Explore updated income tax slabs for 2025, compare the old and new regimes, and understand their impact on middle-class taxpayers. Find key FAQs and examples.
SC ruled private entities performing public functions fall under High Court and SC writ jurisdiction, but private banks like Muthoot Finance aren’t public duty entities.
Discover key direct tax changes in Union Budget 2025, including new income tax slabs, rebates, TDS limits, and other important proposals.
Learn about Reverse Charge Mechanism (RCM) under GST, including applicable services and conditions for recipients to pay tax.