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.
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 ...
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 ...
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 ...
Introduction The Union Budget 2025 has brought significant amendments to the Goods and Services Tax (GST) framework, particularly addressing the Supreme ...
The ICSI welcomes Budget 2025, a balanced and transformative financial blueprint aimed at fostering long-term economic growth, sustainability, and inclusive prosperity.
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 ...
It is pertinent to first mention that the BUDGET 2025 has been unveiled at one of the most critical junctures in both the national and world economy since the BUDGET of 1991. Now, the question is: why ...
In terms of GST-specific amendments, Budget 2025 also focused on pre-deposit amounts for GST appeals, reducing penalties for E-way bill violations and introducing a 10% penalty for other infractions.