The Budget Session, 2025 of Parliament which commenced on Friday, the 31st of January, 2025, adjourned sine-die on Friday, the 4th of April, 2025.
Loan limit under Modified Interest Subvention Scheme increased from ₹3 lakh to ₹5 lakh in Union Budget 2025-26
Extension of date of making investment by Sovereign Wealth Funds, Pension Funds & others and rationalisation of tax exemptions
The Finance Bill 2025 has introduced a crucial amendment to Section 276BB of the Income-tax Act, 1961, which pertains to the prosecution for failure to deposit Tax Collected at Source (TCS) with the Central Government.
Scheme of presumptive taxation extended for non-resident providing services for electronics manufacturing facility
Amendment of Section 10 related to Exempt income of Non-Residents
Extension of date of making investment by Sovereign Wealth Funds, Pension Funds & others and rationalisation of tax exemptions
Rationalisation of persons specified under sub-section (3) of section 13 for trusts or institutions
Period of registration of smaller trusts or institutionsSection 12AB provides registration of trust or institution for a period of 5 years or provisional registration (where activities have not commenced at the time of filing application for registra
Rationalisation of 'specified violation' for cancellation of registration of trusts or institutions