Old tax vs new regime: Which is better for you? A comparison after Union Budget 2025
Under the proposed Union Budget 2025, a ₹60,000 rebate applies to incomes up to ₹12 lakh, enhancing the attractiveness of the ...
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Budget 2025: Revised Time Limit for Imposing Income Tax Penalties Under Section 275
The existing provisions of section 275 of the Act, inter-alia, provide for the bar of limitation for imposing penalties. Section 275 of the Act is having multiple timelines for imposition of penalties ...
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Budget 2025: Proposed Amendments in Block Assessment Provisions
Vide Finance (No. 2) Act, 2024, the concept of block assessment was introduced by amending provisions of Chapter XIV-B (sections 158B to 158BI of the Act) to be made applicable where a search under ...
India unveils budget measures to spur economic growth and increases military spending
India announced a series of budget measures, including major investments in agriculture, manufacturing, infrastructure, and ...
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Rs 2.56 lakh crore! Central government sets dividend target from PSBs, PSUs - Details
The budget on Saturday projected gross tax revenues of Rs 42.70 lakh crore for the upcoming fiscal year, which represents an ...