Long-term capital gains tax rate will be 12.5% for all assets.
In the Union Budget of 2024, FM Nirmala Sitharaman introduced this new section of TDS in the Income Tax Act, 1961 i.e. Section 194T. This section imposes Tax Deducted at Source on certain payments made to partners of a firm, including salary, bonus, commission, interest, or remuneration.
In Budget 2024, FM has simplified the provisions for reopening and reassessment to reduce tax uncertainty and disputes, providing relief to taxpayers.
Explore simplified rates and benefits for taxpayers in the taxation of capital gains. Understand the latest regulations and maximize your tax savings
Explore the top 10 proposed amendments to direct taxes in the Budget Proposal 2024-25, focusing on key changes and their implications for taxpayers and businesses
Explore comprehensive FAQs on the new Capital Gains Tax provisions proposed in the Union Budget 2024.
Changes under Customs & Excise proposed under Budget 2024
Changes under the Income Tax Law as proposed in Budget 2024
Changes under GST Law as proposed in Budget 2024-25
A BRIEF DISCUSSION ON THE PROPOSED NEW CHAPTER XIV-B IN THE FINANCE BILL
Live class on PF & ESI Enrollment & Returns Filing(with recording)
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