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Tagged as: Tax Exemption

  • Aaerm Law Associates
  • Budget 2025
  • Budget 2025, Income Tax, Income Tax Department, Tax Exemption

Budget 2025: GTRI Recommends Raising Income Tax Exemption to ₹5.7 Lakh, Simplifying TDS

By: AdminDate: January 22, 2025Categories: Income Tax News, NewsReading Time: 4 Min Introduction: Key Proposals for a Fairer Tax SystemThe Global Trade Research Initiative (GTRI) has proposed significant reforms for…

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  • Aaerm Law Associates
  • cbdt, NIRL, NLCIL, Tax Exemption
  • CBDT, NIRL, NLCIL, Tax Exemption

CBDT Notification: Tax Exemption for Asset Transfer Between NLCIL and NIRL

The Central Board of Direct Taxes (CBDT), via Notification No. 122/2024 dated November 27, 2024, has officially notified the tax exemption under Section 47(viiaf) of the Income-tax Act, 1961, for…

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