Virtual Digital Assets (VDAs) are now classified as undisclosed income. So if unreported crypto gains are detected, tax ...

Union Budget 2025 catered to the middle class after much backlash over the year. Presented on February 1, 2025, the finance minister announced a big tax relief for professionals. Discussing the merits ...

The enormous jump in public capex over the last term of the government — from Rs 3 trillion in the 2019 Budget to over Rs 11 ...

Budget, FM Sitharaman declares that no income tax would be payable up to annual income of Rs 12 lakh, announcing that the ...

Budget outlines measures to boost investment and employment, particularly focusing on the International Financial Services Centre (IFSC). Key provisions include extending tax incentives for IFSC units ...

The Budget 2025 is a liquidity focused, offering significant relief to the middle class while maintaining a strong focus on infrastructure and real estate. With tax slab rationalization, increased ...

Finance Minister Nirmala Sitharaman announced significant tax relief for the middle class in Union Budget 2025, with incomes ...

FICO president Gurmeet Singh Kular welcomed the revision in the MSME definition but hit out at the suspension of the Credit ...

G Hari Babu, National President of NAREDCO, said the decision to exempt income up to ₹ 12 lakh from taxation under the new regime is a significant incentive for the middle-income group, making ...

The Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman presented the Union Budget 2024-25 in Parliament, today i.e. February 02, 2025. Majorly the changes were earlier ...

The Union Budget introduces various GST law amendments, notably the Track and Trace Mechanism for goods prone to evasion. A ...

The Budget document said, “It is proposed to add the term ‘virtual digital asset' to the said definition of undisclosed income of the block period.” Further tightening the noose, the government has ...