Budget 2025 has made no change to the tax rate or holding period for long term capital gains (LTCG) and short term capital ...
Budget 2025 brings cheer to taxpayers! No income tax up to Rs 12 lakh sparks a meme fest on social media. Netizens rejoice and celebrate the tax relief with hilarious reactions.
For students and young professionals working in the US, UK, Canada, or Australia, these changes could result in higher tax obligations and potential double taxation risks.
Criticising the Union Budget 2025, Karnataka Chief Minister Siddaramaiah dubbed it as a disappointing one, detrimental to the ...
With an allocation of $59 billion, India remains among the top five military spenders globally, but the spending structure is skewed towards personnel costs rather than modernisation.
Key Change: The proposed amendment will extend the period for tax benefits under Section 80-IAC for start-ups. Start-ups incorporated before 1st April 2030 will now be eligible for a 100% tax ...
Consultants can deduct business-related expenses from gross receipts or opt for a simpler presumptive tax scheme. Meanwhile, ...
Finance Minister Sitharaman announced significant tax relief for the middle class, exempting annual incomes up to Rs 12 lakh from income tax under the new regime, while also rejigging tax slabs.
The Union Budget 2025 has introduced a landmark reform by granting full tax exemption for individuals earning up to ₹12 lakh annually under the new tax regime. This move has sparked a wave of ...
If you are still confused about which tax regime to choose after Budget 2025 proposals, here is how to choose between the old ...
In addition to the tax relief, the Finance Minister also introduced reforms to simplify the Tax Deduction at Source (TDS) system.
The ICSI welcomes Budget 2025, a balanced and transformative financial blueprint aimed at fostering long-term economic growth, sustainability, and inclusive prosperity.