Budget 2025 proposes great relief to taxpayers earning up to Rs 12 lakh annually by offering rebates under Section 87A such that their tax liability becomes nil.
However, there are still cases where…
When Finance Minister Nirmala Sitharaman announced the Union Budget 2024 on July 23, one of the biggest takeaways was the proposal to lower the long-term capital gains (LTCG) from 20 per cent to 12.5…
The government on Tuesday proposed reducing the long-term capital gains tax on immovable properties to 12.5 per cent from 20 per cent, but removed the indexation benefits to adjust for inflation, a…