The Finance Bill 2025 proposes amendments to Section 206C of the Income-tax Act to clarify the definition of “forest produce” and revise the tax collected at source (TCS) rates. Currently, TCS at 2.5% ...

In Budget 2025, reporting entities such as banks and crypto exchanges are now required to regularly report information on ...

Budget introduces significant amendments to the CGST Act, 2017. The definition of Input Service Distributor (ISD) under Section 2(61) is revised to facilitate ITC distribution for inter-state supplies ...

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 ...