Amendments In Tax Rates
Promoting Timely Payments To Micro And Small Enterprises
Relief To Start-ups
Ease In Claiming Deduction On Amortization Of Preliminary Expenses
Clarification On Taxability Of Benefits And Perquisites In Cash Under Section 28(iv)
Widening Of Scope Of Strategic Disinvestment By The Central Or Any State Government For Carry Forward Of Accumulated Losses
Widening Of Scope Of Strategic Disinvestment In Case Of Banks For Carry Forward Of Accumulated Losses
Issue Of Shares By Unlisted Companies At Premium To Non-residents
Income Deemed To Accrue Or Arise In India To Include Gift To Not-Ordinarily Resident
Certain NBFCs To Be Excluded From Thin Capitalization Provisions
Reduction In Time To Furnish Transfer Pricing Documentation
Increase In Threshold Of Presumptive Taxation Schemes Under Section 44AD And Section 44ADA For Residents Engaged In Eligible Business/ Profession
Preventing Misuses Of Presumptive Taxation Schemes For Specified Business Of Non-resident Under Section 44BB And Section 44BBB
Prevention Of Double Deduction On Interest On Capital Borrowed For Acquisition Of A Property
Monetary Ceiling On Exemption Of Capital Gain Claimed Under Section 54 And 54F On Purchase Of Residential House Property
Defining The Cost Of Acquisition In Case Of Intangible Assets For Computing Capital Gains
Conversion Of Gold To Electronic Gold Receipt (EGR) And Vice Versa To Be Tax Neutral
Taxation Of Capital Gains In Case Of Market Linked Debentures
Clarification Regarding Value Of Consideration In Case Of Joint Development Agreement
Rationalisation Of The Provisions Relating To Charitable Trust And Institutions
Provisional/ Regular Registration Provisions Aligned
Time Limit Prescribed For Depositing Back Of Corpus And Repayment Of Loans Or Borrowings
Donation To Other Trusts To Be Considered As 85% Application Only
Trusts Or Institutions Not Filing The Application For Registration In Certain Cases To Be Considered For Exit Tax
Scope Of Specified Violations For Cancellation Of Registration Extended
Exemption To Apply Only Where Return Is Filed Within
Time Limits Aligned For Furnishing Tax Audit Report And Other Forms
Concessional Tax Rate For Promotion Of New Manufacturing Co-operative Societies
Increase In Threshold Limit For Co-operatives To Withdraw Cash Without TDS
Relief To Sugar Co-operatives From Past Demand On Payment To Sugarcane Growers
Prevention Of Tax Avoidance Through Distribution As ‘repayment Of Debt’ By Business Trusts
Rationalization Of Provisions Relating To Units In Special Economic Zone
Separate Taxation Provisions For Winnings From Online Games
Changes In The New Concessional Taxation Regime Contained In Section 115BAC For Individuals And Other Specified Persons
Exemption Limit For Leave Encashment Enhanced
Tax On Maturity Of Life Insurance Policies Having High Premium
Rationalization Of Provisions Related To The Valuation Of Residential Accommodation Provided To Employees
Contribution To Agniveer Corpus Fund
Power To Modify The Directions Issued To Implement Faceless Schemes And E-proceedings
Changes Relating To Filing Of Modified Return And Assessment Thereof In Case Of Business Reorganisation
Clarification Regarding Computation Of Interest On Additional Tax While Filing Updated Return
Provisions Relating To Reassessment Proceedings
Rationalisation Of Timeline Provisions For Completion Of Assessment And Reassessment
Introduction Of Joint Commissioner (Appeals) As A New Appellate Authority
Rationalisation Of Appeals To The Appellate Tribunal
Assistance To Authorised Officer During Search And Seizure
Limiting Of TDS Under Section 192A On Accumulated Balance Of Provident Fund To 20% In The Absence Of PAN
Removal Of Exemption From TDS On Payment Of Interest On Listed Debentures
Tax Treaty Relief At The Time Of Deduction Of Tax At Source (TDS) Under Section 196A On Income Of Specified Mutual Funds
Extension Of Scope Of Lower Tax Deduction Certificate Under Section 197
Relief From Special Provision For Higher Rate Of TDS/TCS For Non-filers Of Tax Return
Increasing Rate Of TCS On Certain Remittances
Penalty And Prosecution Provisions To Cover Failure To ‘ensure Payment Of Tax’ As A Specified Default
Additional Penalty For Furnishing Inaccurate Statement Of Financial Transaction Or Reportable Account
Decriminalisation Of Defaults By Liquidator Under Section 276A
Allowing Credit Of TDS Deducted Subsequently For Income Already Disclosed In Earlier Year
Extension Of Time For Disposing Rectification Applications By Interim Board For Settlement
Set Off And Withholding Of Refunds In Certain Cases
Preventing Permanent Deferral Of Taxes Through Undervaluation Of Inventory
Removal Of Certain Funds From Deduction Under Section 80G
Removal Of Exemption To Income Of A Notified News Agency
Exemption To Development Authorities Set Up By Central Or State Act For Public Service
Distribution Of Income To Non-resident Offshore Derivative Instruments Holders
TAX AND SURCHARGE RATES APPLICABLE FOR INDIVIDUALS UNDER CONCESSIONAL TAXATION SCHEME UNDER SECTION 115BAC
TAX AND SURCHARGE RATES FOR INDIVIDUALS UNDER RELEVANT FINANCE ACT (APPLICABLE IF SECTION 115BAC IS NOT OPTED FOR)
CORPORATE TAX RATES
