by OverviewFX | Jul 23, 2024 | Budget
“To multiply the benefits of GST, we will strive to further simplify and rationalise the tax structure and endeavour to expand it to the remaining sectors,” noted Nirmala Sitharaman while announcing the developments in the indirect taxes.The Union Budget 2024...
by OverviewFX | Jul 23, 2024 | Budget
Finance Minister Nirmala Sitharaman has announced changes in capital gains taxes during her 7th consecutive Budget presentation at Lok Sabha on Tuesday.Investors will have to allocate a greater chunk for taxes with the government increasing both short and long term...
by OverviewFX | Jul 23, 2024 | Budget
In case of domestic company, the rate of income-tax shall be 25% of the total income, if the total turnover or gross receipts of the previous year 2022-23 does not exceed Rs 400 crore and where the companies continue in section 115BA regime, according to the changes...
by OverviewFX | Jul 23, 2024 | Budget
The Union Budget 2024-25, presented by Finance Minister Nirmala Sitharaman, introduces significant tax changes aimed at providing relief to taxpayers and simplifying the tax structure. While measures like increased standard deductions and pension benefits offer...
by OverviewFX | Jul 23, 2024 | Budget
Union Finance Minister Nirmala Sitharaman in her Budget speech on Tuesday announced that angel tax will be abolished for all investors. Top investors in India welcome this move and believe that this will spur investments both domestic and foreign investments and also...
by OverviewFX | Jul 23, 2024 | Budget
Union Finance Minister Nirmala Sitharaman during her Budget speech at the Lok Sabha on Tuesday said that the union government will prepare a vision and strategy document for the financial sector.She said that this will prepare the sector in terms of size, capacity and...
