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TMI BlogINTERIM BUDGET PROPOSES TO RETAIN TAX RATES FOR DIRECT AND INDIRECT TAXESX X X X Extracts X X X X X X X X Extracts X X X X ..... INTERIM BUDGET PROPOSES TO RETAIN TAX RATES FOR DIRECT AND INDIRECT TAXES X X X X Extracts X X X X X X X X Extracts X X X X ..... RTAIN OUTSTANDING DIRECT TAX DEMANDS TO BENEFIT NEARLY 1 CRORE TAXPAYERS "Keeping with the convention, I do not propose to make any changes relating to taxation and propose to retain the same tax rat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... es for direct taxes and indirect taxes including import duties," said the Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman, while presenting the Interim Budget 2024-25 in the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Parliament today. To ensure continuity in taxation, the Union Finance Minister proposed to extend certain tax benefits to start-ups and investments made by sovereign wealth or pension funds and tax e ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... xemption on certain income of some IFSC units till 31.03.2025. In line with the Government's vision to improve ease of living and ease of doing business, and to provide a relief to a large number of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... petty, non-verified, non-reconciled or disputed direct tax demands, many of them dating as far back as the year 1962, Smt. Sitharaman proposed to withdraw such outstanding direct tax demands up to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 377;25,000 pertaining to the period up to financial year 2009-10 and up to ₹10,000 for financial years 2010-11 to 2014-15. This is expected to benefit about one crore tax-payers. X X X X Extracts X X X X X X X X Extracts X X X X ..... s release - PIB ..... X X X X Extracts X X X X X X X X Extracts X X X X
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