Individual taxpayers are urging Finance Minister Nirmala Sitharaman to lower tax rates and enhance benefits in Budget 2025, with a significant preference for the new tax regime and...
Adhil Shetty proposes significant income tax reforms in Budget 2025, including raising the 30% tax slab to Rs 18 lakh and introducing a 30% flat deduction on gross income to encour...
Financial experts are pushing for enhancements to the National Pension System (NPS) in the Union Budget 2025, including increased tax deductions and flexible withdrawal options, to...
Assocham recommends reducing personal income tax rates in the 2025 Budget to improve compliance, highlighting the significant gap between individual and corporate tax rates and the...
EY recommends raising the basic exemption limit to Rs 5 lakh and reducing income tax rates in Budget 2025. The firm also calls for simplifying tax laws, reducing litigation, and pr...
As Budget 2025 approaches, the debate over the old versus new tax regimes intensifies, with a focus on the need for deduction-related reliefs in the new regime to ensure fairness a...
The Finance Act 2020's changes to the tax residency rules for NRIs and PIOs have introduced complexity and unintended consequences, prompting calls for reconsideration from the BCC...
Budget 2025 aims to simplify Indian tax compliance for non-residents by introducing measures like setting thresholds for Tax Residency Certificates, relaxing norms for Form 10F, ea...
The Finance Act 2024 changes how buyback transactions are taxed, treating proceeds as dividends. Experts call for amendments in Budget 2025 to differentiate between capital and inc...
RSS-affiliated organizations propose significant tax reforms to Finance Minister Nirmala Sitharaman ahead of Budget 2025, including raising the tax-free income threshold to Rs 10 l...
As Budget 2025 approaches, the focus is on improving the Faceless Appeals Scheme to address the backlog of tax appeals. Recommendations include adopting a FIFO approach, enhancing ...
