Union Budget Articles

Simplifying Taxes for NRIs in Budget 2024

CA Arun Tiwari 22 November 2024 at 08:43

This article outlines the key tax issues faced by NRIs and suggests practical solutions for the upcoming budget. By addressing these concerns, the government can foster fairness and encourage NRIs to participate more actively in India's economy.

TDS Amendments in Budget 2024

CA Ekta Thacker 06 August 2024 at 14:14

The Budget 2024 introduces significant updates to TDS (Tax Deducted at Source) provisions, effective October 1, 2024. These changes are designed to streamline tax administration and adjust rates across various categories.

Angel Tax Removal: A Boon for Startups?

CA Aditya Tulsyan 05 August 2024 at 08:38

The recent announcement by Finance Minister Nirmala Sitharaman to abolish the so-called "Angel Tax" has been widely welcomed by the startup ecosystem. Before celebrating, it's essential to understand what this move means, its benefits and any potential downsides.

Provisions of Budget 2024: For Senior & Super Senior Citizens

FCS Deepak Pratap Singh 03 August 2024 at 08:48

BUDGET 2024 FOR SENIOR / SUPER SENIOR CITIZENS

Budget 2024: The New Section 74A - An Analysis

CA Sudhir Halakhandi 30 July 2024 at 08:39

In the financial year 2024-25, Section 74A will replace both Sections 73 and 74, consolidating the calculation of tax and penalty under a single section for both the fraud and non-fraud cases

5 Most Important Proposals in Capital Gains in Budget 2024

CA Umesh Sharma 29 July 2024 at 12:46

Arjuna (Fictional Character): Krishna, The Hon'ble Finance Minister has recently presented the budget for 2024, which has brought about many proposals of change..

Budget 2024: Amnesty Provisions under Section 128A w.r.t. Section 73 Demands

CA Sudhir Halakhandi 27 July 2024 at 09:53

In the Budget 2024, a new Section 128A has been proposed by the Finance (No.2) Bill -2024. Under this section 128A, for certain financial years, from 2017-18 to 2019-20

Taxation of Capital Gains: Simplified Rates and Benefits for Taxpayers

Ayush 25 July 2024 at 11:18

Explore simplified rates and benefits for taxpayers in the taxation of capital gains. Understand the latest regulations and maximize your tax savings

10 Proposed Amendments Relating to Direct Taxes in the Budget Proposal 2024-25

Shivani 25 July 2024 at 08:54

Explore the top 10 proposed amendments to direct taxes in the Budget Proposal 2024-25, focusing on key changes and their implications for taxpayers and businesses