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Rationalizing Income on Redemption of Unit Linked Insurance Policies (ULIPs)
![Definition of “forest produce” rationalized for calculation of TCS [Budget 2025]](https://assets.studycafe.in/_v/800/uploads/2025/02/Forest-Produce-definition-rationalized-for-calculation-of-TCS.jpg)
Definition of “forest produce” rationalized for calculation of TCS [Budget 2025]
![CBIC notifies 36 Items on which Custom Duty reduced [Budget 2025]](https://assets.studycafe.in/_v/800/uploads/2025/02/Custom-Duty-reduced-on-36-Items.jpg)
CBIC notifies 36 Items on which Custom Duty reduced [Budget 2025]

Extension of Tonnage Tax Scheme benefit to Inland Vessels to spur Water Transport in India

NPS & Deductions: Zero Tax on Rs. 13.7 Lakh?
![Benefits of tonnage tax scheme extended to inland vessels [Budget 2025]](https://assets.studycafe.in/_v/800/uploads/2025/02/Income-Tax-Tonnage-tax-scheme.jpg)