Lower rate of 25 % Corporate Tax extended to companies with Annual Turnover up to Rs. 400 crore

Last updated: 05 July 2019

Lower rate of 25 % Corporate Tax extended to companies with Annual Turnover up to Rs. 400 crore from earlier cap of upto Rs 250 crore Interchangeability of PAN and Aadhaar to file tax return proposed 2 % TDS on cash withdrawal exceeding Rs. 1 crore in a year from a bank account to encourage digital payments Pre-filled tax returns to be made available to taxpayers to improve accuracy and reduce time taken to file a tax return Scheme of Faceless Assessment in electronic mode being lau
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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