Union Budget Articles

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