Budget expectations: With the Union Budget 2025 less than three weeks away, TV Mohandas Pai, Chairman of Aarin Capital and former CFO of Infosys, said that the government should think about offering income tax relief to the middle class and simplify the existing taxation system. In an interview with CNBC-TV18, Pai said the government should think … Read more
Union Finance Minister Nirmala Sitharaman will read out the Interim Budget 2024 on February 1. Though there is a clear indication that the Centre may not declare major changes in the taxation system like last year, there is a buzz that the Cente may bring in some modifications in the Atal Pension Yojana. Government sources … Read more
The Standing Committee on Finance has recommended to the centre to abolish the tax on Long Term Capital Gains for all investments in startups which are made through collective investment vehicles such as angel funds, alternate investment funds (AIF), and investment LLPs. The committee in its report “Financing The Startup Ecosystem” said the tax should … Read more