Articles

The Budget 2025 proposes harmonization of provisions under Section 9 of the Income-tax Act concerning the SEP and its applicability to business connection in India.

Harmonization of Significant Economic Presence applicability with Business Connection

The Union Budget 2025 presented on 1st Feb 2025 by Finance Minister proposed various incentives to IFSC.

Various Incentives to IFSC proposed in Finance Bill 2025

The Union Budget 2025 presented on 1st Feb, proposed exemption from prosecution for delayed payment of TCS in certain cases.

Budget 2025 proposes Exemption from Prosecution for Delayed Payment of TCS

Budget aims at clarifying the tax rules for income from redemption of ULIPs by amending provisions Clause (10D) of Section 10 of the Income-tax Act.

Rationalizing Income on Redemption of Unit Linked Insurance Policies (ULIPs)

The Union Budget 2025 presented on 1st Feb, rationalized the definition of “forest produce” for calculation of TCS.

Definition of “forest produce” rationalized for calculation of TCS [Budget 2025]

Budget 2025 proposed in an effort to further strengthen the inland water transportation sector by extending the benefits of this scheme even to inland vessels.

Explore Our Blogs

Stay updated with the latest insights, tips, and industry trends from our experts

Harmonization of Significant Economic Presence applicability with Business Connection

Various Incentives to IFSC proposed in Finance Bill 2025

Budget 2025 proposes Exemption from Prosecution for Delayed Payment of TCS

Rationalizing Income on Redemption of Unit Linked Insurance Policies (ULIPs)

Definition of “forest produce” rationalized for calculation of TCS [Budget 2025]

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