INVESTMENT AND TURNOVER LIMITS FOR CLASSIFICATION OF ALL MSMEs TO BE ENHANCED TO 2.5 AND 2 TIMES RESPECTIVELY CREDIT GUARANTEE COVER FOR MICRO AND SMALL ENTERPRISES ENHANCED FROM 5 CRORE TO 10 CRORE 10 LAKH CUSTOMIZED CREDIT CARDS WITH A 5 LAKH LIMIT FOR MICRO ENTERPRISES REGISTERED ON UDYAM PORTAL TO BE INTRODUCED IN THE… Read More »
“NATIONAL MANUFACTURING MISSION” TO COVER SMALL, MEDIUM AND LARGE INDUSTRIES FOR FURTHERING “MAKE IN INDIA” ANNOUNCED IN UNION BUDGET 2025-26 A NEW ‘FOCUS PRODUCT SCHEME’ FOR FOOTWEAR & LEATHER SECTORS, SCHEME TO GENERATE EMPLOYMENT FOR 22 LAKH PERSONS NATIONAL ACTION PLAN FOR TOYS TO MAKE INDIA A GLOBAL HUB FOR TOYS Posted On: 01 FEB… Read More »
FDI LIMIT FOR INSURANCE SECTOR RAISED FROM 74 TO 100 PER CENT FORUM FOR REGULATORY COORDINATION AND DEVELOPMENT OF PENSION PRODUCTS TO BE SET UP: UNION BUDGET 2025-26 ROLL OUT OF REVAMPED CENTRAL KYC REGISTRY PLANNED IN 2025 PROCEDURES FOR SPEEDY APPROVAL OF COMPANY MERGERS TO BE RATIONALIZED, PROCESS TO BE MADE SIMPLER Posted On:… Read More »
Extension of benefits of tonnage tax scheme to inland vessels The Finance Bill, 2025, proposes several key changes in the Income Tax Act, 1961, to continue reforms in the direct tax system through tax reliefs, removing difficulties faced by taxpayers, and rationalizing1 various provisions. Here are some of the key changes: Extension of benefits of… Read More »
Scheme of presumptive taxation extended for non-resident providing services for electronics manufacturing facility The Finance Bill, 2025, proposes several key changes in the Income Tax Act, 1961, to continue reforms in the direct tax system through tax reliefs, removing difficulties faced by taxpayers, and rationalizing1 various provisions. Here are some of the key changes: Scheme… Read More »
Extension of date of making investment by Sovereign Wealth Funds, Pension Funds & others and rationalisation of tax exemptions The Finance Bill, 2025, proposes several key changes in the Income Tax Act, 1961, to continue reforms in the direct tax system through tax reliefs, removing difficulties faced by taxpayers, and rationalizing1 various provisions. Here are… Read More »
Inclusion of retail schemes and Exchange Traded Funds (ETFs) in the existing relocation regime of funds of IFSCA The Finance Bill, 2025, proposes several key changes in the Income Tax Act, 1961, to continue reforms in the direct tax system through tax reliefs, removing difficulties faced by taxpayers, and rationalizing1 various provisions. Here are some… Read More »
Amendment of Section 10 related to Exempt income of Non-Residents The Finance Bill, 2025, proposes several key changes in the Income Tax Act, 1961, to continue reforms in the direct tax system through tax reliefs, removing difficulties faced by taxpayers, and rationalizing1 various provisions. Here are some of the key changes: Amendment of Section 10… Read More »
Simplified regime for fund managers based in IFSC The Finance Bill, 2025, proposes several key changes in the Income Tax Act, 1961, to continue reforms in the direct tax system through tax reliefs, removing difficulties faced by taxpayers, and rationalizing1 various provisions. Here are some of the key changes: Simplified regime for fund managers based… Read More »
Rationalisation of definition of ‘dividend’ for treasury centres in IFSC The Finance Bill, 2025, proposes several key changes in the Income Tax Act, 1961, to continue reforms in the direct tax system through tax reliefs, removing difficulties faced by taxpayers, and rationalizing1 various provisions. Here are some of the key changes: V. Rationalisation of definition… Read More »