New Tax Regime Fixed Deposits (FD) have always been a popular investment option among Indian taxpayers due to their assured returns and low risk. However, the taxation on FD interest income plays a crucial role in determining the final returns. With the Union Budget 2024 and Budget 2025 introducing several changes in the new tax … Read more
Compliance Calendar for March 2025 Compliance Calendar for March 2025 As we step into March 2025, businesses and individuals need to stay updated on crucial tax and GST compliance deadlines. Compliance Calendar for March 2025 Missing these deadlines can lead to penalties, interest, or legal consequences. This compliance calendar highlights key dates for TDS payments, … Read more
FDI Limit in Insurance Sector to 100% FDI Limit in Insurance Sector to 100% In a significant move aimed at boosting the financial sector, Finance Minister Nirmala Sitharaman announced in the Union Budget 2025-26 that the Foreign Direct Investment (FDI) limit in India’s insurance sector will be increased from 74% to 100%. This decision is … Read more
Shiv Bhojan and Aanandacha Shidha The Maharashtra government is facing an unprecedented financial crunch and is now considering discontinuing two of its flagship welfare schemes—Shiv Bhojan Thali and Aanandacha Shidha—as part of cost-cutting measures.Shiv Bhojan and Aanandacha Shidha These schemes, aimed at providing subsidized meals and food kits to the underprivileged, have been a lifeline … Read more
New Capital Gains Tax Rules New Capital Gains Tax Rules The Union Budget 2025, presented by Finance Minister Nirmala Sitharaman, introduced critical updates to India’s capital gains tax regime. While the holding periods and tax rates for long-term capital gains (LTCG) and short-term capital gains (STCG) remain the same, the Finance Bill 2025 brought clarity … Read more
