Several attractive benefits to provide tax relief to salaried individuals and pensioners opting for the new tax regime were announced by Nirmala Sitharaman while presenting the Union Budget 2024-25 in the Parliament today.
The Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman presented the Union Budget 2024-25 in Parliament today.
Get an in-depth summary of the Union Budget 2024-2025!
There are various provisions of TDS with different thresholds and multiple rates between 0.1%, 1%, 2%, 5%, 10%, 20%, 30% and above. To improve ease of doing business and better compliance by taxpayers, the TDS rates are proposed to be reduced.
Simplification and Rationalization of the Capital Gains Tax was one of the key focus areas of the Union Budget 2024-25, presented by the Union Finance and Corporate Affairs Minister Smt. Nirmala Sitharaman in the Parliament today.
Budget 2024 proposes comprehensive rationalization of GST tax structure along with review of the Custom Duty rate structure to improve the tax base and support domestic manufacturing.
The provisions of Finance (No. 2) Bill, 2024 (hereafter referred to as "the Bill"), relating to direct taxes seek to amend the Income-tax Act, 1961 (hereafter referred to as 'the Act'),
THE FINANCE (NO. 2) BILL, 2024 to give effect to the financial proposals of the Central Government for the financial year 2024-2025.
Explore the highlights of FM Nirmala Sitharaman's speech on Budget 2024-25, detailing key financial policies, tax reforms and strategic initiatives aimed at driving economic growth and development.
The Directorate General of Systems and Data Management under CBIC has released Advisory No. 12/2024 on July 22, 2024, detailing crucial updates to the system in line with the Budget 2024-25 announcements.
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