Tax Guru4d
Budget 2025: Revision of Perquisite Limits for Employee Benefits
Section 17 of the Income-tax Act defines perquisites, including benefits provided by employers to employees. Currently, employee benefits such as free or concessional amenities are exempt from ...
India budget opts for economic sugar rush over reform
The year's top economic-policy event opted mainly for short-term relief through middle-class tax cuts while passing up a ...
Tax Guru5d
Budget 2025: Presumptive Taxation for Non-Residents in Electronics
In order to position India as the global hub for Electronics System Design and Manufacturing, a comprehensive program for the development of semiconductors and display manufacturing ecosystem in India ...
Delhi gets Rs 100 cr more than last year in Union Budget: AAP calls it ‘major disappointment’, BJP says ‘balanced’
The transfers include grants in aid of Rs 968.01 crore under the revenue head and Rs 380 crore as loans and advances under the capital head, which deals with capital or infrastructural expenditure or ...
Corporate winners and losers from India's budget
India's Finance Minister Nirmala Sitharaman unveiled the annual budget on Saturday, which focused on boosting the spending ...
Budget 2025: The Exchequer's Coffers; An Analysis of India's Revenue Composition
Non-Tax Revenue Union Excise Duties Customs Duties Non-Debt Capital Receipts These various income sources help fund ...
Takeaways from India's budget that slashes income tax on the salaried middle class to spur growth
Indian Prime Minister Narendra Modi’s government has presented an annual budget that focuses on wooing the salaried middle class with tax cuts and spurring economic growth by boosting agriculture and ...