The Income-tax Act's section 10(4E) previously limited exemptions on income from derivative transactions to non-residents ...

Sitharaman also urged state governments to participate in this effort to create a more business-friendly environment.

Ans. Yes, under the existing provisions there are sunset dates such as 31.03.2024, 31.03.2025 or 31.03.2026 for various tax incentives provided to IFSC. However, in Finance Bill 2025, sunset dates for ...

Highlights: FM Nirmala Sitharaman's announcement on February 1 brings a gift for the Indian middle class with no tax payable ...

Ans. As per new section 44BBD, 25% of the aggregate amount received/ receivable by, or paid/ payable to, the non-resident, on account of provision of services or technology, are deemed as profits and ...

Finance Minister Nirmala Sitharaman presented her eighth consecutive Union Budget, announcing reforms for the ease of doing ...

L & T Finance Limited (LTF), a leading Non-Banking Financial Company (NBFC), is transforming the home loan experience with the launch of Knowledgeable AI (KAI), an AI-powered virtual advisor, on its ...

Highlights: Union Finance Minister Nirmala Sitharaman on Saturday announced significant income tax cuts for the middle class ...

From setting up a regulatory committee to investment friendliness index, here are the latest proposal by the Finance Minister ...

Live Updates, FM Nirmala Sitharaman Union Budget Speech Live Streaming: Financial Express Editors explain Finance Minister's ...

Under this provision, ULIPs with premiums exceeding Rs 2.5 lakh per year will no longer be eligible for tax exemption.

The markets somersaulted. India Inc cheered. Opposition benches remained sullen. And for once, the salaried taxpayers had a ...