Government of India Ministry of Finance (Department of Revenue Central Board of Indirect Taxes & Customs North Block, New ...

Finance Bill 2025 introduces mandatory reporting obligations for crypto-asset transactions under Section 285BAA of the Income Tax Act. A prescribed reporting entity will be required to provide ...

Ans. The Finance Bill 2025 proposes to extend the benefit of taxation under the Tonnage tax scheme to the inland vessels registered under the Inland Vessels Act, 2021. Therefore, henceforth companies ...

Changes under Customs, Excise & Service Tax. CHANGES IN CUSTOMS. The Finance Minister introduced the Finance Bill, 2025 in Lok Sabha tod ...

Vide Finance Act 2022, taxation of virtual digital assets (VDA) has been introduced in the Income-tax Act, 1961 (‘the Act’), under section 115BBH of the Act in which the transfer of VDA is to be taxed ...

According to Budget 2025 announcements, the government is expected to forego approximately ₹1 lakh crore in tax revenue due to the increased income tax slab rates under the new regime. But let’s be ...

SEO Meta Description: Budget 2025-26 proposes new tax slab rates. Compare old vs new regime to see which offers better savings based on income and exemptions.

Introduction The Union Budget 2025 has brought significant amendments to the Goods and Services Tax (GST) framework, particularly addressing the Supreme ...

The next slab is Rs 4-8 lakh where the tax rate is 5%, followed by 10% in the Rs 8-12 lakh slab, 15% in the Rs 12-16 lakh slab, 20% in the Rs 16-20 lakh slab, and 25% in the Rs 20-24 lakh slab. It’s ...

The Union Budget 2025 brings substantial tax relief to individuals earning up to ₹12 lakh, making them effectively tax-free. The revised tax slabs, enhanced Section 87A rebate, and marginal relief ...

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 ...

दिनांक 1 फरवरी 2025 को लोकसभा में बजट 2025 प्रस्तावित बजट को लोकसभा के पटल पर रखा गया है। जिसमें जीएसटी अधिनियम 2017 के अंतर्गत कुछ संशोधन प्रस्तुत किए गए हैं जिन्हें इस बिल के माध्यम से एक्ट में ...