Relief for foreign investors as TCS provision on sale of goods scrapped, reducing transaction costs for cross-border ...
Budget 2025 has proposed higher thresholds for tax deducted at source (TDS) and tax collected at source (TCS). The new ...
The rise in the Tax Collection at Source (TCS) exemption limit on foreign remittances from Rs 7 lakh to Rs 10 lakh will ...
The Budget removes TCS on remittances up to ₹10 lakh for foreign education when funded by loans, while retaining a 5% TCS for ...
The government has also raised the TCS exemption limit on Liberalised Remittance Scheme (LRS) transactions from Rs 7 lakh to ...
Budget 2025 announcements included reforms related to income tax, TDS, tax on second housing property, crypto investent, etc.
Large foreign travel spends will attract higher upfront tax payments. Those funding education through loans get relief. TCS paid can be claimed later as a tax credit. The revised limits aim to ease ...
The threshold to collect TCS on remittances under RBI’s liberalised remittance scheme (LRS) is proposed to be raised from ₹7 ...
The combined market valuation of seven of the 10 most valued firms jumped Rs 1,83,322.54 crore last week, with FMCG major ...
Other gainers included Reliance Industries, whose valuation grew by Rs 25,373.2 crore to Rs 17,11,371.54 crore.
Tax measures announced in Budget 2025 will have a wide-ranging impact on individual taxpayers across income brackets, as also ...
Budget 2025 simplifies tax rules and provides major relief to taxpayers. The new tax slabs, second-home exemption, senior ...