Freddy Daruwala

The taxation of Capital gains in India can be a complex exercise. This is further aggravated by the twin issues of protracted litigation and high stakes on account of the amounts involved. Therefore, over a period of time, there has been demand for an overhaul in the taxation regime for Capital gains from all the […]

Budget 2023-24, the last full Budget of the Finance Minister before the General Elections in 2024, contains various interesting tax announcements. Among these, the proposals for granting the concessional tax regime to manufacturing co-operative societies, revised slabs and reduction of thehighest rate of surcharge in the new tax regime, increase in the threshold for presumptive […]