Exemption from Dividend Distribution Tax to remove double taxation on SPV distributions to business trusts, improving tax efficiency. Proposed measures include exemption from Dividend Distribution Tax on distributions from SPVs to SEBI regulated business trusts where the trust holds substantially all SPV share capital and such dividends arise after acquisition; expansion and clarification of the section 9A offshore fund regime and deferral with transitional rules for POEM based residence; introduction and expansion of presumptive taxation for professionals and businesses with revised audit thresholds; targeted incentives for IFSC units; and two compliance windows-the Income Declaration Scheme and the Direct Tax Dispute Resolution Scheme-alongside timelines for administrative disposal and legal framework for paperless assessments.