The government has proposed reduction of the rate of tax deduction at source (TDS) applicable on commission income of insurance agents from April 1, 2025. With this, insurance commission will be ...
Summary: The Finance Bill 2025 presents significant updates in both direct and indirect taxes aimed at improving business ease, reducing litigation, and widening the tax base. Direct tax proposals ...
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Budget 2025 Expectations: Lower GST rates, streamlining of processes and reduction in direct taxes | Pre-BudgetExpectations: Union Finance Minister will present Budget 2025-26 tomorrow (February 1, Saturday) in the Parliament. This will ...
With the Union Budget 2026 approaching, travel and tourism industry experts express hopes for tax reforms, infrastructure ...
Budget 2025 has proposed higher thresholds for tax deducted at source (TDS) and tax collected at source (TCS). The new ...
The crypto industry has already been buckling under income tax and TDS. Trading volumes in India ... specifically the goods and services tax (GST), to cover a larger section of the crypto space.
In terms of GST-specific amendments, Budget 2025 also focused on pre-deposit amounts for GST appeals, reducing penalties for E-way bill violations and introducing a 10% penalty for other infractions.
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