Union Budget 2025 receives mixed reactions from Ludhiana’s MSMEs
The announcement to increase the threshold of MSME turnover criteria from Rs 250 crore to Rs 500 crore has raised concerns ...
Tax Guru19 小时
Budget 2025: Definition of Forest Produce Rationalized – Section 206C
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% ...
Tax on cryptos: How Budget 2025 has changed Virtual Digital Asset taxation; check details
In Budget 2025, reporting entities such as banks and crypto exchanges are now required to regularly report information on ...
Tax Guru22 小时
Budget 2025 – GST And Customs – Analysis
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 ...