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...
by OverviewFX | Jul 23, 2024 | Budget
Union Finance Minister Nirmala Sitharaman while delivering the Union Budget 2024 speech presented a detailed roadmap to pursue nine priorities for generating opportunities for India.These nine priorities are: Productivity and Resilience in AgricultureInclusive Human...
by OverviewFX | Jul 23, 2024 | Budget
Union Budget 2024 Updates: The Finance Minister announced a significant reform aimed at enhancing the transparency and efficiency of the Insolvency and Bankruptcy Code (IBC). An integrated tech platform will be established to improve outcomes under the IBC, aiming for...