Union Finance Minister outlines tax reforms in Budget 2024-2025, including Income-tax Act review, digitalization of tax services, and Vivad se Vishwas Scheme for dispute resolution.
Finance Ministry’s new capital gains tax: Short-term gains at 20%, long-term at 12.5%. Exemption limit raised to ₹1.25 lakh for financial assets.
Explore the Union Budget 2024-25 highlights by Finance Minister Nirmala Sitharaman: ‘Angel tax’ abolished, corporate tax for foreign companies reduced to 35%. Simplified rules for FDI, climate finance taxonomy
Ministry of Finance unveils reforms in customs duties to support manufacturing, boost exports, and simplify taxation. Includes exemptions for critical minerals and cancer drugs. Read more about the latest updates.
Discover the Ministry of Finance’s latest tax changes: ₹75,000 standard deduction, enhanced pension benefits. Potential savings of ₹17,500/year for salaried employees.
Discover key takeaways from India’s Budget 2024-25: economic growth, employment schemes, skilling initiatives, and support for MSMEs. Full details from Nirmala Sitharaman’s speech.
Discover the key highlights of the Union Budget 2024-25, including tax reforms, employment schemes, and infrastructure investments. Learn more about the latest updates.
KSCAA addresses glitches in the Income Tax portal, highlighting challenges faced by taxpayers and professionals, in a representation to CBDT on 22nd July 2024.
Explore India’s impressive economic growth, government initiatives, and the challenges ahead in sustaining development through strategic domestic and global efforts.
Indias real GDP grew 8.2% in FY24, with projected growth of 6.5-7% for FY25. Retail inflation drops, and capital expenditure surges. Learn more about economic trends.
