India's Growth Story in Numbers! Key Insights from the Economic Survey 2024-25 Thread 🧵 narendramodi.in/category/infog…

India Budget 2025: High-level committee for review of regulatory reforms for non-financial sector to be set-up Aurtus Comments: Focus is on ease of doing business in India #IndiaBudget2025

India Budget 2025: FM promises that the new Income tax bill shall be shorter (50% of the current length of the tax law), simpler and provide justice & good governance Aurtus: Replacing the current income tax law of 1961 would be a landmark event #IndiaBudget2025

India Budget 2025: The focus on Make In India has continued in this budget. To this end, exemptions have been extended on parts and components, however, duty rates have been enhanced on final Products. #IndiaBudget2025

India Budget Customs Update: Time limit for provisional customs assessments, fixed at 2 years & extendable by 1 year. Aurtus : This will have an impact on how Special Valuation Bench cases are being handled. Applicability to past matters need to be evaluated. #IndiaBudget2025

India Budget 2025: Rates of TDS to be rationalized and thresholds for deduction of tax to be increased in the new tax bill #IndiaBudget2025

Zero Income Tax till ₹12 Lakh Income under New Tax Regime 👉 Slabs and rates being changed across the board to benefit all tax-payers 👉 New structure to substantially reduce taxes of middle class and leave more money in their hands, boosting household consumption, savings and

India Budget 2025: Breaking news: No income-tax payable upto income of Rs. 12 lacs. Tax Slabs rationalised. Highest rate of 30% applicable for income above Rs. 24 lacs. Aurtus Comments: This is the most popular announcement of Budget 2025! #IndiaBudget2025

India Budget 2025: Specific tax benefits provided for ship leasing, insurance offices and global treasury centres in GIFT IFSC #Indiabudget2025

India Budget 2025: Slab Rates proposed in the New Tax Regime will be as below Total Income - Tax Rates 4 to 8 lacs - 5% 8 to 12 lacs -10% 12 to 16 lacs -15% 16 to 20 lacs -20% 20 to 24 lacs -25% Above 24 lacs - 30% Income up to Rs. 12 lacs exempt by way of tax rebates

India Budget 2025: Rationalisation of Transfer Pricing provisions - ALP determination for similar transactions for a block period of 3 yrs, aligning with global best practices. Scope of Safe Harbour Rules expanded #indiabudget2025 #transferpricing

Pleased to share our snapshot on India Budget 2025. Detailed analysis shall be shared shortly. #IndiaBudget2025

Pleased to share Customs article titled "Streamlining Customs Assessments" co-authored by our Indirect Tax team at Aurtus, and published by Taxsutra. #Budget2025 #Customs #CustomsDuty #Assessment #ProvisionalAssessment #VoluntaryRevision. linkedin.com/feed/update/ur…

We are pleased to announce that Aurtus acted as tax and structuring advisor to Wingify, a leading global provider of marketing technology SaaS product, VWO and its Founders, which was recently acquired by Everstone Capital. See link for more details: linkedin.com/feed/update/ur…

Check out our alert on the Supreme Court ruling on the Arrest Provisions under the Special Laws: linkedin.com/feed/update/ur…

Check out our alert on the FAQs issued by CBIC on Restaurant services and clarification on Amnesty Scheme. linkedin.com/feed/update/ur…

Check out our alert on Non submission of FIRC cannot deny substantive right of claiming refund. linkedin.com/feed/update/ur…

Check out our alert on Madras High Court terms Notification No. 09/2023 and 56/2023 as invalid, but upholds the Supreme Court Order dated 10.01.2022. linkedin.com/feed/update/ur…

Check out our alert on Mumbai ITAT rules that buyback of shares below FMV does not trigger tax under Section 56(2)(viia) of the IT Act. linkedin.com/feed/update/ur…

Check out our alert on Madras HC ruled that DGFT’s classification of goods under EPCG is binding on the Customs Authority and cannot be questioned. linkedin.com/feed/update/ur…